BlackRock BUIDL and Ondo and other issuers are interested in participating in MakerDAOs $1 billion Treasury bond tokenization plan
Odaily2024/07/12 19:08
By:Odaily
Odaily News Several industry players, including BlackRock’s BUIDL, Superstate and Ondo Finance, have expressed their willingness to actively participate in MakerDAO’s plan announced on Thursday to invest $1 billion of its reserves in tokenized U.S. Treasury products. MakerDAO’s plan reportedly represents a major shift in its reserve strategy, with the protocol leading the real-world asset (RWA) trend for cryptocurrencies, partially backing its decentralized stablecoins, which are backed by U.S. government bonds and notes held off-chain by a range of partners. (CoinDesk)
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