Today I'm going to talk about real world assets. Yesterday, Ondo Finance announced that they were going to launch a product that would allow them to tokenize shares in a fund that invested into ETFs managed by Blackrock and Pimco. To many in the crypto space this feels like a "finally!" moment. Finally, RWAs are coming on-chain and stablecoin holders can get access to tradFi yields instead of having to settle for the paltry returns offered on-chain. But the devil's in the details. Let's dig in.
Weekly Interest Rate Roundup: Jan 3 - Jan 10
Weekly Interest Rate Roundup: Jan 3 - Jan 10
Weekly Interest Rate Roundup: Jan 3 - Jan 10
Today I'm going to talk about real world assets. Yesterday, Ondo Finance announced that they were going to launch a product that would allow them to tokenize shares in a fund that invested into ETFs managed by Blackrock and Pimco. To many in the crypto space this feels like a "finally!" moment. Finally, RWAs are coming on-chain and stablecoin holders can get access to tradFi yields instead of having to settle for the paltry returns offered on-chain. But the devil's in the details. Let's dig in.