PANews reported on January 24th that, according to CoinDesk, blockchain technology developer R3 announced its plan to reposition itself as a Solana-based tokenizationPANews reported on January 24th that, according to CoinDesk, blockchain technology developer R3 announced its plan to reposition itself as a Solana-based tokenization
R3 announced its plan to transform into a Solana-based tokenization and on-chain capital markets platform.
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PANews reported on January 24th that, according to CoinDesk, blockchain technology developer R3 announced its plan to reposition itself as a Solana-based tokenization and on-chain capital market platform. It will focus on high-yield institutional assets, such as private lending and trade finance, packaging them into DeFi-native structures. The aim is to bring Wall Street-level assets onto the blockchain and massively integrate off-chain capital into the on-chain market. Reportedly, R3 already supports over $10 billion in assets through its Corda blockchain platform and has partnered with HSBC, Bank of America, Bank of Italy, the Monetary Authority of Singapore, the Swiss National Bank, Euroclear, SDX, and SBI, among others.
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