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Tapping Into $1B Capital Interest

Tapping Into $1B Capital Interest WikiBit 2024-11-21 06:39

Elixir has stated that its newly introduced program, “deUSD RWA Institutional Program,” aims to spearhead a revolution in the DeFi market. This

Elixir has stated that its newly introduced program, “deUSD RWA Institutional Program,” aims to spearhead a revolution in the DeFi market. This partnership with Securitize, a leading global platform for tokenizing RWAs, is a clear move of traditional finance towards DeFi.

Introducing Elixirs “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

Following months of careful planning and amassing over $1 billion in capital interest, this program will allow significant RWA holders, including Blackrock BUIDL, to integrate with DeFi through the main currency, deUSD.

Building a Bridge Between Finance and DeFi

This partnership between Elixir and Securitize is truly revolutionary for connecting traditional finance with decentralized platforms. It enables holders of tokenized assets issued by Securitize, like Blackrocks BUIDL and Hamilton Lane SCOPE, to enter DeFi using deUSD, thus introducing institutional-grade security and compliance into DeFi. Therefore, through this integration, Elixir is enabling institutions to have a channel that will enable them to test the capabilities of decentralized finance.

Liquidity and Composability: A Unified On-Chain Experience

Perhaps one of the most exciting aspects of the “deUSD RWA Institutional Program” is the newfound ability to make Securitize-issued RWAs liquid and composable. These assets can now access deUSD, a $110 million unified on-chain liquidity for the first time, freeing them up for institutional investors more flexibly. This progress broadens the DeFi appeal and capability and improves a fundamental aspect of market forces by providing greater liquidity and, therefore, more fluid trades.

Isolated Yield Exposure for Secure Investments

As a result, the partnership is not limited to providing liquidity enhancements only. They can decouple yield exposure through the institutional program, which presents a unique financial value proposition to token holders. The isolated RWA backing can be redeemed 1:1 for USDC by adopting the current on-chain liquidity solution. This ensures that members can be involved in safe DeFi operations while maintaining financial sustainability and integrity. It makes DeFi safer and more reliable, keeping an eye on yield and risk in this initiative, which makes it more suitable for institutional investors.

A Milestone for the Future of DeFi and Traditional Finance

One of the biggest steps DeFi will take is already in motion through Elixir and, in parallel, Securitize. By relying on the financial credibility of the pre-DeFi financial world while incorporating the DeFi innovation, Elixir has eased the path for other projects aspiring to achieve standardized, efficient financial integration.

This is not just a question of making the asset accessible in terms of being easily traded but also of producing a robust, transparent, and compliant infrastructure that will pass the test of institutional finance. As DeFi evolves, such alliances will remain the bedrock of a new economy in which trust and decentralized assets can play their part.

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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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