Abraxas Capital Moves $61.2M USDT To Bitfinex, Supplies 40,000 ETH To Spark

Abraxas Capital deposited $61.2M USDT into Bitfinex and supplied 40,000 ETH to Spark, signaling major DeFi activity. Details and implications.

• Abraxas Capital moved $61.2M USDT to Bitfinex and supplied 40,000 ETH to the Spark DeFi lending protocol.
• These transactions suggest strategic portfolio management, potentially for yield optimization or collateral swaps, highlighting institutional activity in both CeFi and DeFi.
• The moves indicate increasing interoperability between traditional finance and decentralized finance sectors.

Topics: Institutional adoption, Integration with defi, Blockchain usage, Asset manager initiatives, Rwa collateral lending, Ethereum evm l 1 s

Tags: #abraxascapital #usdt #bitfinex #ethereum #sparkprotocol #defi #makerdao #dai #onchainlens #digitalassets

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Is Real-World Asset Tokenization Quietly Becoming the Most Institutionally-Backed Sector in All of Crypto? Here's what each project delivered this year: $ONDO: embedded Broadridge's ProxyVote infrastructure for on-chain proxy voting, launched compliant tokenized shares of https://t.co/KHKVmoPs47

Is Real-World Asset Tokenization Quietly Becoming the Most Institutionally-Backed Sector in All of Crypto? Here's what each project delivered this year: $ONDO: embedded Broadridge's ProxyVote infrastructure for on-chain proxy voting, launched compliant tokenized shares of

• The article highlights significant institutional backing for Real-World Asset (RWA) tokenization, with major players like BlackRock and Franklin Templeton actively involved.
• Several projects are detailed, showcasing advancements in tokenized shares, Treasuries, and credit vaults, alongside infrastructure integrations like on-chain proxy voting and cross-chain solutions.
• The increasing participation of traditional finance giants and the development of compliant, 24/7 accessible tokenized assets suggest RWA tokenization is becoming a dominant sector in crypto.

Topics: Institutional adoption, Asset types, Infrastructure providers, Asset manager initiatives, Financial instruments, Tokenization platforms

Tags: #rwatokenization #institutionaladoption #blackrock #franklintempleton #tokenizedtreasuries #tokenizedshares #ondofinance #makerdao #chainlink #micacompliance

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SkyEcosystem leads tokenized funds market cap to $34.3B all-time high

Tokenized funds have reached a record high as DeFi protocols and institutional asset managers push more traditional financial products onto blockchain ra | Bitget crypto news!

• Tokenized funds have reached an all-time high market cap of $34.3 billion, driven by DeFi protocols and institutional asset managers integrating traditional financial products onto blockchains.
• SkyEcosystem (formerly MakerDAO) is a leading player, with its RWA vaults holding over $2 billion in tokenized Treasuries, money market funds, and structured credit, now representing over 60% of its revenue.
• Ethereum remains the primary settlement layer for institutional tokenization, with significant growth across various RWA categories, though the market remains concentrated among a few key players.

Topics: Asset types, Institutional adoption, Integration with defi, Financial instruments, Asset manager initiatives, Rwa collateral lending

Tags: #tokenizedfunds #skyecosystem #makerdao #rwavaults #tokenizedtreasuries #moneymarketfunds #structuredcredit #ethereum #blackrockbuidlfund #franklintempleton

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