- Elixir and Securitize enable RWA holders to access DeFi through deUSD, ensuring secure and isolated yield exposure.
- BlackRock expands BUIDL to multiple blockchains, highlighting its growing presence and innovation in the crypto space.
Working with Securitize, Elixir has unveiled the innovative deUSD RWA Institutional Program, which deftly combines tokenized real-world assets (RWAs) into decentralized finance (DeFi). This scheme lets institutional investors—including BlackRock BUIDL holders and Hamilton Lane SCOPE holders—use deUSD as the main currency in DeFi systems.
Introducing Elixir’s “deUSD RWA Institutional Program” – a first ever partnership with Securitize
After months of design and $1B+ of capital interest, this joint program allows Blackrock BUIDL and other RWA holders to seamlessly access DeFi using deUSD as the primary currency pic.twitter.com/rbUTNNadYr
— Elixir (@elixir) November 19, 2024
Bridging Traditional Finance and DeFi Safely
Most importantly, this integration does not affect the collateralized backing of deUSD or change its risk profile, therefore guaranteeing a safe and effective gateway for institutional players. Using deUSD allows users to use DeFi apps with separated yield exposure, therefore providing a regulated but varied approach to interact with decentralized markets.
For institutional investors trying to close the distance between traditional finance and the fast-growing DeFi space, the initiative is especially important.
The program guarantees that RWA holders may easily access unified liquidity pools across several DeFi platforms since deUSD operates as a fully collateralized, yield-bearing synthetic currency.
This evolution offers investors a chance to diversify their portfolios while still keeping the security and stability connected with traditional financial products. It highlights the growing confluence of tokenized assets and decentralized ecosystems, therefore reflecting a strategic advance.
Practically, this cooperation simplifies access to DeFi, a venue sometimes regarded as difficult for institutional participants because of infrastructure and legal issues. Institutions’ approach to blockchain-based finance has evolved significantly when one can interact with DeFi while maintaining the integrity of tokenized assets’ backing.
This integration emphasizes how blockchain offers better transparency, efficiency, and accessibility in financial markets, hence transforming asset management.
To further establish its presence in the crypto market, CNF previously reported BlackRock has extended its BUIDL offering to Aptos, Avalanche, and Layer 2 networks, including Polygon and Arbitrum.
BlackRock indicates the increasing institutional interest in digital assets by being well-known in cryptocurrency ETFs, including Bitcoin and Ethereum products.
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