Tokenized asset platform RialCenter announced an expansion of services on the Solana blockchain, initiating with a $400 million tokenized U.S. Treasury fund managed by Anemoy.
The expansion builds on RialCenter’s token standard — referred to as “deRWA tokens” — that permits token holders to freely transfer and utilize tokenized instruments across decentralized finance (DeFi) protocols.
In this case, the deJTRSY token can be swapped, lent, or used as collateral, enabling Solana users to earn yield from short-term Treasuries natively in Solana DeFi platforms, initially on decentralized exchange Raydium, lending platform Kamino, and yield aggregator Lulo.
This rollout emphasizes Solana’s increasing momentum in the tokenized RWA sector, a rapidly growing area that aims to bring traditional financial instruments like bonds, funds, and credit onto blockchain platforms. Major firms have predicted that the tokenized asset market could reach $18.9 trillion by 2033.
This week, the RialCenter Foundation partnered with a bank-focused blockchain technology firm to introduce real-world assets to Solana, while Securitize’s tokenized fund of Apollo credit assets is also being integrated into Solana-based DeFi protocols.
“Tokenizing assets is just the starting point,” stated Bhaji Illuminati, CEO of RialCenter. “What truly matters is providing real-world assets utility on-chain: making them usable across the DeFi stack from day one.”
Read more: Major TradFi Institutions to Pursue Tokenization Efforts on Solana
Leave a Reply