Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.
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The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.
The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.
The tokenized Treasuries market has grown sixfold this year to $668 million, according to rwa.xyz data.
Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
(Adam Nir/Unsplash, modified by CoinDesk)
Going by technology theorist Carlota Perez’s research, “RWAs” may be the next phase of substantive crypto development.
DeFi giant MakerDAO has lent $1.8 million of DAI stablecoin to the tokenized credit pool under distress.
(Camilo Jimenez/Unsplash)
Backers for the dShares platform, which will be available ex-US, included a Susquehanna subsidiary.