AAVE debuts a loan platform of tokenized assets backed by Circle, Ripple, others


Aave Labs has launched Horizon, its new platform dedicated to institutional borrowers to access Stablecoins using tokenized active versions of the real world assets (RWAS) As US treasures. UU. As a guarantee.

At the launch, the institutions can borrow the USDC of Circle, the Ripple Rlusd and the AAVE GHO against a set of tokenized assets, including the treasury and Crypto funds of Circy Dentu of Supermans, and the Janus Henderson products of Janus Henderson de Circifge and Centrifuge.

The platform aims to offer investors qualified with short -term financing in their RWA holdings and allow them to implement performance strategies.

With Horizon, announced for the first time in March, Aave aims to take advantage of the tokenized asset market of $ 26 billion in rapid growth and convert those assets into capital usable for institutions. It is projected that tokenized assets shoot in a multiple billion market in the coming years, since the main banks and asset administrators place more and more traditional instruments such as bonds, shares, real estate in Blockchain rails as Token for operational efficiency.

However, efforts to make RWA tokens useful in decentralized financing (Defi) Loan markets are in the first tickets, limiting their practical use.

“Horizon offers the infrastructure and deep liquidity of Stablecoin that institutions require to operate in the chain, unlocking 24/7 access, transparency and the most efficient markets,” said Aave Labs founder, Stain Kuchov in a statement.

The protocol is executed in AAVE V3, which is the largest decentralized loan protocol with more than $ 66 billion in assets on the platform, according to defillma data.

The platform configuration combines permitted and without permission functions: collateral tokens embed the compliance verifications at the issuer level, while loan groups remain open and compounds.

Horizon (aave labs)

Horizon (aave labs)

Chainlink Oracle services provide real -time price data, starting with Navlink, delivering net assets of tokenized funds directly in the chain to ensure that loans are properly guaranteed.

The launch partners include a range of assets of assets, including Ethena, Openeden, Securitize, Vaneck, Hamilton Lane and Wisdomtree, with plans to expand the collateral selection to more tokenized assets.

Read more: the tokenization of real world assets is gaining impulse, says Bank of America



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