Aave rebrands its institutional platform as Horizon to cater to Wall Street’s interest. Select companies like Circle, VanEck, and WisdomTree can use tokenised funds as collateral for stablecoin loans. Institutions are increasingly embracing the $26 billion tokenised asset market, with BlackRock issuing a $2 billion tokenised fund. Ripple and BCG predict a $19 trillion tokenisation market by 2033, while others remain skeptical. Horizon aims to unlock the potential of real-world asset tokenisation, offering borrowing options like USDC, RLUSD, and GHO tokens. Aave CEO plans to expand collateral options to include private equity, envisioning tokenisation of pre-IPO companies like SpaceX and Stripe.

Read more at Yahoo Finance: Aave attracts tokenisation titans in revival of institutional product