Multiliquid and Metalayer Ventures have launched a liquidity facility for instant redemptions of tokenized real-world assets on Solana. The facility allows holders to convert assets into stablecoins instantly, managed by Metalayer Ventures and supported by Uniform Labs. The Bank for International Settlements warned of liquidity mismatches in tokenized money market funds.
Metalayer’s facility acts as a standing buyer of tokenized RWAs, purchasing assets at a dynamic discount. Metalayer Ventures provides capital for redemptions, while Multiliquid offers smart contract infrastructure. Tokenized assets from companies like VanEck and Janus Henderson will be initially supported.
Solana has become a popular platform for tokenized RWAs, ranking eighth among blockchains with $1.2 billion in RWA value across 343 assets. The RWA value on Solana has increased by over 10% in the past month. Canton Network, Ethereum, and Provenance are the top three blockchains for tokenized RWAs by total value.
Read more at Cointelegraph: Multiliquid, Metalayer Roll Out Instant Redemptions for Tokenized RWAs
