Billion USD Collaboration Securitize and Elixir Boost RWA Liquidity
Securitize has announced a partnership with Elixir, introducing new tokens that allow RWA holders to access DeFi liquidity while protecting asset yields. This p...
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Securitize has announced a partnership with Elixir, introducing new tokens that allow RWA holders to access DeFi liquidity while protecting asset yields. This program is primarily aimed at institutional investors and integrates capabilities for BlackRock BUIDL.
Elixir and Securitize hope to “bridge the liquidity gap between institutions and DeFi,” but this market is likely to be fiercely competitive.
Securitize’s RWA Plan for Organizations
In press release Recently, Securitize announced a new Token aimed at bringing RWAs to DeFi markets. Specifically, this is done through relationships cooperate 1 billion USD with Elixir, introducing “deUSD Foundation RWA Program”. Essentially, BlackRock BUIDL and other RWA holders will be able to access DeFi liquidity through Elixir’s Token platform while still receiving yield.
“Owners of real, tokenized assets can use their assets on-chain in DeFi, accessing unified liquidity through deUSD. These users continue to earn yield directly from Securitize while keeping their mortgage independent. We believe this is just the first step to closing the liquidity gap between institutions and DeFi,” said Philip Forte, Elixir Founder & CEO.
Essentially, the main selling point of this program is the ability to segregate yields, and the clear goal is to attract new institutional clients. According to its press release, Securitize offers RWA options with “investments from seasoned Wall Street managers,” but DeFi has other opportunities. By combining them, companies hope to attract new investors.
Several major blockchain companies have been making efforts to attract institutional investors to invest in the RWA space. For example, BNB Chain launched its own RWA tokenization portal this month, specifically catering to institutional clients. Interestingly, Elixir mentions BlackRock BUIDL more than it does Securitize, even though the latter company recently partnered with it.
Meanwhile, BlackRock’s BUIDL is taking independent steps in this ecosystem. For example, last week it added functionality to five major blockchains.
Elixir and Securitize are taking aim at a potentially lucrative sector in the DeFi space, but they are not the only players. Elixir claims to have over $100 million in token liquidity, but may need to expand significantly further.
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Kishu Inu
Kishu Inu reports on crypto market activity, Web3 project updates, and blockchain business developments for CoinLive.