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Centrfuge expands RWA for $400 million U.S. Treasury fund to Solana

According to online reports, RWA platform Centrfuge announced that it will expand its tokenized asset services to the Solana blockchain, starting with the US$400 million tokenized U.S. Treasury Fund (JTRSY) managed by Anemoy. The deJTRSY token corresponding to the fund will allow Solana users to earn income from short-term treasury bonds on platforms such as Raydium, Kamino and Lulo. Centrfuge said the expansion is based on its "deRWA Tokens" standard, allowing tokens to be freely transferred and used between DeFi protocols. The Solana Foundation also partnered with bank-focused blockchain technology company R3 this week to introduce real-world assets. The Apollo Credit Asset Fund issued by Securitize will also connect to the Solana Ecosystem's DeFi protocol.

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