From tokenizing crypto to real-world assets, the tokenization of assets is gaining traction. This week’s Tokenization News Roundup covers Maple Finance’s relaunch on Solana, the effects of tokenizing social media activity, Pendle Finance’s expansion into real-world assets, Dinari’s blockchain-powered dShares, and the Central African Republic’s plans to tokenize land and natural resources.
Fixed Yield and RWA have some of the largest addressable markets that remain untapped in DeFi, said Pendle CEO TN Lee. I firmly believe these will play a key role in attracting huge, off-chain institutional investors on-chain.
Maple Finance secured an exemption from the U.S. Securities and Exchange Commission to offer Treasury yields to U.S. investors and closed a $5 million investment round led by BlockTower Capital and Tioga Capital.
Dinari, a California-based startup, is offering dShares that represent and are backed by actual securities, held in trust by Alpaca Securities LLC and Interactive Brokers Group Inc.
Esteemed science journal Nature published a paper about the coming wave of decentralized social media and the implications of tokenizing user engagements.
The Central African Republic is using a state-designed blockchain called Sango to tokenize land and natural resources.