The product further expands the tokenized real-world asset market beyond cash-equivalent and treasury strategies, which currently dominate the sector.
Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond
The product further expands the tokenized real-world asset market beyond cash-equivalent and treasury strategies, which currently dominate the sector.
Shares:
The bank’s regulated stablecoins EURCV and USDCV will be used in DeFi lending and trading.
The company said the fresh capital will be used to expand into new markets and build out its onchain financial infrastructure.
The $45 million Series B extension also includes participation from new strategic investors Sony Innovation Fund, IMC, QCP and Karatage.
Axelar also announced the appointment of former Acting Comptroller Brian Brooks to its newly formed Institutional Advisory Board.