Real World Asset Tokenization Gains Institutional Momentum
Real World Asset Tokenization Gains Institutional Momentum
🏦 Wall Street's Secret Blockchain Party
Major financial institutions are accelerating their move into tokenization:
- Kraken partners with Backed Finance to launch tokenized stocks on Solana
- JPMorgan settles tokenized treasuries using Chainlink on public blockchain
- Galaxy Digital lists on Nasdaq with plans to tokenize shares
- BlackRock's BUIDL powers BounceBit's RWA yield platform
Current RWA landscape:
- Total RWA on-chain: $22.79B
- Asset-backed stablecoin market cap: $234.03B
- 192 asset issuers active
- Leading chains: Ethereum, ZKSync Era, Stellar, Aptos, Polygon
SEC Chair signals upcoming tokenization regulations while acknowledging blockchain's potential for new market structures.
"The next phase of tokenization is already here. We feel it: in every conversation, every fund launch, every partnership." On @decent_voices, @itsbhaji breaks down how to build real utility in RWA, how JAAA becomes the fastest onchain fund to $1B, and the lessons from scaling
Centrifuge Approaches $2B in Total Assets with Major Institutional Moves
Centrifuge is advancing toward $2B in total assets financed, marked by significant institutional developments: - Janus Henderson ($300B+ AUM) brings their top CLO ETF team onchain - $1B allocation into a single onchain strategy via Grove Finance - $444M+ already deployed in tokenized Treasuries The team behind the world's largest CLO ETF ($21B AUM) is launching an onchain fund offering AAA credit and real yield without wrappers. Grove Finance, incubated by Steakhouse Financial, provides the infrastructure for this initiative. This expansion leverages Centrifuge's V3 infrastructure and RWA Launchpad, enabling efficient tokenization of various assets including credit, ETFs, and T-Bills.
Sky Ecosystem Welcomes Grove Finance with $1B Tokenized Credit Strategy
Grove Finance joins the Sky Ecosystem as its newest Star, launching a $1B tokenized credit strategy. The platform will deploy capital into the Janus Henderson Anemoy AAA CLO Strategy (JAAA), marking a significant step in bringing private credit on-chain. Key points: - First Star to tokenize private credit on-chain - Partnership with Centrifuge for implementation - Focus on high-quality, diversified assets - $1B allocation planned The launch represents a shift from traditional tokenized treasuries to more diverse on-chain assets. Mark Phillips, Grove and SteakhouseFi co-founder, will present the initiative at an exclusive event in Cannes.
Janus Henderson Reveals Strategic Move into DeFi with Centrifuge Partnership
Global asset manager Janus Henderson ($300B+ AUM) has detailed their strategic entry into onchain markets through Centrifuge. CEO Ali Dibadj emphasized blockchain readiness and tokenization as core pillars of their innovation strategy. - Partnership highlights include: - Best-in-class product integration - Leveraging deep DeFi expertise - Collaboration with top-tier team The move signals growing institutional adoption of DeFi technology, as highlighted in their Q3 2024 earnings call. This partnership with Centrifuge and Anemoy Capital demonstrates their commitment to embracing disruptive financial technologies.
Centrifuge V3 Launches Fund Creation Platform
Centrifuge has launched V3, offering a streamlined path for creating onchain funds. The platform features: - Audited smart contracts - Instant DeFi accessibility - Cross-chain vault deployment on any EVM network - Built-in launchpad functionality This release builds on previous versions' foundations: - V1 focused on security - V2 introduced multi-chain capabilities - V3 enhances interoperability and scalability The platform aims to simplify multi-chain interactions, making them as straightforward as single-chain operations. Learn more at [Centrifuge Launchpad](https://centrifuge.io/launchpad)