Ondo

<ul class="news-points">
 <li>MakerDAO’s $1 billion investment initiative in tokenized U.S. Treasuries has sparked significant interest from industry leaders.</li>
 <li>The competition, set to begin applications on August 12, highlights MakerDAO’s strategic shift in reserve management.</li>
 <li>This move is expected to boost the tokenized real-world asset market by 55%, underscoring MakerDAO’s pioneering role in decentralized finance.</li>
</ul>
MakerDAO unveiled a <a href="https://coinedition.com/makerdao-unveils-newstable-and-newgovtoken-ahead-of-launch-season/" rel="noopener noreferrer nofollow">$1 billion investment initiative</a> in tokenized U.S. Treasury products, marking a significant shift in its reserve strategy. Announced at the Spark Tokenization Grand Prix at ETHCC in Brussels, Belgium, the move has garnered substantial interest from major players in the crypto space.
Applications are set to open on August 12, as reported by WU Blockchain on X (formerly Twitter), with notable contenders like BlackRock’s BUIDL, Ondo Finance, and Superstate vying for a piece of MakerDAO’s considerable investment. These firms, renowned leaders in tokenized real-world asset protocols, are eager to capitalize on this opportunity.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 MakerDAO announced that it will invest $1 billion in tokenized U.S. Treasury products through an open competition. BlackRock's BUIDL…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/institutional-giants-battle-for-makerdaos-tokenized-treasury-prize/" rel="noopener noreferrer nofollow">Institutional Giants Battle for MakerDAO’s Tokenized Treasury Prize</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Institutional Giants Battle for MakerDAO’s Tokenized Treasury Prize

Coin Edition

Artikel lain yang dipublikasikan pada 13 Jul 2024

China sanctions AI defense firm Anduril amid US-Taiwan arms deal

eTukTuk presale ends in 3 days after raising $3.5M

Crypto Investment Plan of a Self-Made Millionaire Who Retired at 35

SOL and TON Ready for New ATH: Why and How

Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target

BlastUP Announces Massive 30,000,000 $BLASTUP Airdrop Ahead of July TGE

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!