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.
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 MakerDAO announced that it will invest $1 billion in tokenized U.S. Treasury products through an open competition. BlackRock's BUIDL…
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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

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