Mantle, one of the world’s largest DAO-led web3 ecosystems built around Ethereum layer 2 (L2) Mantle Network, announced today ahead of TOKEN2049 its entry into real world assets (RWAs) with Ondo Finance’s USD Yield ($USDY) token. $USDY has become the first project of Mantle Showcase, a program that highlights projects for their product-market fit and […]
Spool DAO, or Spool, the DeFi platform allowing institutions and users to build customizable, risk-managed investment crypto products, joins forces with Staking Rewards, the world’s central information hub and leading data aggregator for the crypto staking industry. The centerpiece of the partnership includes the launch of srETH, an all-weather staking index on Ethereum, opening the door […]
Societe Generale–FORGE (SG-FORGE) has granted a loan to its mother company Societe Generale to refinance covered bonds held by the bank in the form of Security Tokens issued natively on the Ethereum public blockchain (the OFH Tokens). SG-FORGE funded this loan in the crypto market by borrowing DAI stablecoins from MakerDAO, a market-leading decentralized finance (‘DeFi’) protocol. […]