Ripple, a provider of enterprise blockchain and crypto solutions, has partnered with OpenEden, a tokenization platform, to introduce tokenized U.S. Treasury bills (T-bills) on the XRP Ledger. This initiative makes short-term U.S. government debt available in tokenized form on the blockchain. Ripple will invest $10 million into OpenEden’s TBILL tokens through a newly created fund. […]
Original story published by Krisztian Sandor from CoinDesk. In a significant move for the decentralized finance (DeFi) space, MakerDAO, the protocol behind the $5 billion stablecoin DAI, announced plans to invest $1 billion of its reserves in tokenized U.S. Treasury products. This strategic decision is expected to attract top industry players such as BlackRock‘s BUIDL, […]
Centrifuge, the platform for onchain finance, has announced a strategic investment from Web3 Foundation, known for stewarding Polkadot. Web3 Foundation will invest part of its treasury into real-world assets (RWAs) via Centrifuge, beginning with a $1 million pilot investment. This initiative aligns with Web3 Foundation’s strategic mission to promote Web3 projects through funding, advocacy, and […]