R3 announces plans to transform into a tokenization and on-chain capital markets platform based on Solana

SOL-1.99%

PANews January 24 News, according to CoinDesk, blockchain technology developer R3 announced that it plans to reposition itself as a tokenization and on-chain capital market platform based on Solana. The company will focus on high-yield institutional assets, such as private credit and trade finance, and package them into DeFi-native structures, aiming to bring Wall Street-level assets onto the chain and to significantly introduce off-chain capital into on-chain markets. It is reported that currently R3 supports assets exceeding $10 billion through its Corda blockchain platform, and has established partnerships with HSBC, Bank of America, Intesa Sanpaolo, the Monetary Authority of Singapore, the Swiss National Bank, the European Clearing Bank, SDX, and SBI.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ripple Expands Institutional Trading With Coinbase Derivatives BTC, ETH, SOL, and XRP Futures

Ripple added Coinbase BTC, ETH, XRP and SOL futures to Ripple Prime, its platform that cleared more than $3 trillion in 2025. Trades are processed through Nodal Clear, giving institutions 24/7 access to CFTC-regulated crypto futures in the U.S. Ripple has added Coinbase Derivatives’

CryptoNewsFlash8h ago

Solana Eyes $90.6 Trigger Point as $83 Support Holds and Liquidation Pressure Builds

A large cluster of short positions faces liquidation if SOL reaches $90.6, potentially increasing volatility. SOL trades between $83.00 support and $89.58 resistance, keeping price action compressed in the short term. SOL posts a 0.8% daily gain and rises 0.7% against BTC, holding

CryptoNewsLand8h ago

Solana at $84: Two Liquidity Clusters Might Decide Next Move - U.Today

Solana's payments volume surges 755%, but its price drops 1.40% amid profit-taking and a stronger dollar. Market sentiment remains cautious, with two liquidity clusters forming at $95 and $78-$85, indicating potential future volatility.

UToday11h ago
Comment
0/400
No comments