Ondo is using LayerZero to make its yield-bearing stablecoin fully fungible across multiple blockchain networks.
RWA Tokenization news
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
This tokenization platform collaborated with BNB Chain to broaden access to real-world assets, supporting a liquid and scalable ecosystem for businesses and investors.
Holders of Blackrock’s tokenized money fund can now tap into DeFi opportunities while earning interest from United States Treasury bills, Securitize said.
The investment bank is speaking to potential partners to add to the platform’s capabilities and develop new offerings.
The real-world asset (RWA) tokenization industry is projected to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.
The Tether-US dollar stablecoin’s market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.
The RWA sector could see an over 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s largest consulting firms.