Aave Labs has launched Horizon, its new platform dedicated to institutional borrowers to access stableecoins using tokenized versions of assets in the real world (Rwas) As US Treasury as security.
At the launch, institutions will be able to borrow Circle’s USDC, Ripple’s RLUSD and AAVES GHO against a set of tokenized assets, including Superstate’s US Treasury and Crypto Carry Funds, Circle’s Yield Fund and Centrifuge’s Tokenized Janus Henderson Products.
The platform aims to offer qualified investors with short-term financing on their RWA holdings and allow them to implement yield strategies.
With Horizon, first announced in March, Aave aims to exploit the fast -growing market of $ 26 billion tokenized assets and transform these assets into usable capital into institutions. Tokenized assets are expected to balloon in a market for more trillion dollars over the next few years, as large banks and asset managers are increasingly placing traditional instruments such as bonds, stocks, real estate on blockchain rails as a token for operational efficiency.
However, efforts to make RWA symbols useful in the decentralized funding (Defi) Lending markets are in the early laps, which limits their practical use.
“Horizon delivers the infrastructure and deep stablecoin liquidity that institutions need to operate on-chain, unlock 24/7, transparency and more effective markets,” Aave Labs founder Stain Kulechov said in a statement.
The protocol runs on Aave V3, which is the largest decentralized lending protocol with more than $ 66 billion in assets on the platform, according to Defillama Data.
The platform setup is mixed and permitted and permitted Features: Safety token’s embedders The Issuer-Level-Level Compliance Control, while the lending pools remain open and compose.
Chainlinks Oracle Services delivers real-time pricing data, starting with Navlink, provides net asset values of tokenized funds direct on-chain to ensure that the loans are appropriate collateral.
Launch partners include a number of asset issuers, including Ethena, Openeden, Securitize, Vaneck, Hamilton Lane and Wisdomtree, with plans to extend security selection to more tokenized assets.
Read more: Tokenization of assets in the real world wins speed, says Bank of America
