{"id":41691,"date":"2024-11-19T19:49:51","date_gmt":"2024-11-19T19:49:51","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/elixir-securitize-launch-defi-vaults-for-blackrocks-buidl\/"},"modified":"2024-11-19T19:49:51","modified_gmt":"2024-11-19T19:49:51","slug":"elixir-securitize-launch-defi-vaults-for-blackrocks-buidl","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/elixir-securitize-launch-defi-vaults-for-blackrocks-buidl\/","title":{"rendered":"Elixir, Securitize launch DeFi vaults for BlackRock\u2019s BUIDL"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644447678631-010cbc54-8abf-4d33-9d34-56e62e071179-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644447678631-010cbc54-8abf-4d33-9d34-56e62e071179-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644447678631-010cbc54-8abf-4d33-9d34-56e62e071179-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644447678631-010cbc54-8abf-4d33-9d34-56e62e071179-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Elixir and Securitize have partnered to unlock $1 billion in tokenized real-world assets (RWA) to DeFi.<\/li>\n<li>The platforms have launched DeFi vaults for BlackRock\u2019s BUIDL fund, with Elixir\u2019s decentralized dollar deUSD core to the project.<\/li>\n<\/ul>\n<p>Elixir, the network powering the decentralized yield-bearing synthetic dollar deUSD, has teamed up with BlackRock\u2019s tokenization partner Securitize to launch a liquid staking token for tokenized securities.<\/p>\n<p>The partnership seeks to bring billions of dollars in gated capital to the decentralized finance market, Elixir said in an announcement on Nov. 19.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing Elixir\u2019s \u201cdeUSD RWA Institutional Program\u201d \u2013 a first ever partnership with Securitize<\/p>\n<p>After months of design and $1B+ of capital interest, this joint program allows Blackrock BUIDL and other RWA holders to seamlessly access DeFi using deUSD as the primary currency <a href=\"https:\/\/t.co\/rbUTNNadYr\">pic.twitter.com\/rbUTNNadYr<\/a><\/p>\n<p>\u2014 Elixir (@elixir) <a href=\"https:\/\/twitter.com\/elixir\/status\/1858862892440854917?ref_src=twsrc%5Etfw\">November 19, 2024<\/a><\/p>\n<\/blockquote>\n<h2>Elixir, Securitize launch DeFi vaults for BUIDL<\/h2>\n<p>According to the platform, users will leverage deUSD to access <a href=\"https:\/\/coinjournal.net\/news\/blackrock-expands-buidl-to-aptos-arbitrum-and-optimism\/\">Blackrock\u2019s tokenized fund BUIDL<\/a> and other RWA assets for DeFi across the market. deUSD will be the primary currency of the \u201cdeUSD RWA Institutional Program.\u201d<\/p>\n<p>In a comment, Elixir founder &amp; chief executive officer Philip Forte said:<\/p>\n<p>\u201cElixir is excited to partner with Securitize to bring this 0 to 1 innovation to DeFi. The Elixir Network is a purpose-built stack powering exchange orderbooks and deUSD (\u201cDecentralized US Dollar\u201d). For the first time ever, holders of tokenized real-world assets can natively use their assets onchain in DeFi, accessing unified liquidity via deUSD.\u201d<\/p>\n<p>The collaboration seeks to use deUSD to unlock yield-opportunities for the over $1 billion real world assets that Securitize has issued across DeFi. The offering is via the sToken and the new ERC-4626 vault technology in partnership with Elixir\u2019s \u201cdeUSD RWA Institutional Program.\u201d<\/p>\n<p>\u201cWith the launch of this innovative sToken functionality, Securitize is enabling a new frontier in DeFi by making it possible to leverage any Real World Asset token issued using the DS Protocol,\u201d Securitize co-founder &amp; chief executive officer Carlos Domingo said in a <a href=\"https:\/\/securitize.io\/learn\/press\/securitize-launches-stoken-vault-functionality\" target=\"_blank\" rel=\"noopener\">statement<\/a>.<\/p>\n<p>\u201cThis functionality not only provides liquidity options but also bridges the gap between traditional assets and the digital asset economy, offering investors more ways to manage and optimize their portfolios,\u201d he added.<\/p>\n<p>The RWA onchain market is currently valued at over $13 billion, while tokenized US Treasuries account for over $2.4 billion. On Nov. 19, Bitfinex Securites <a href=\"https:\/\/coinjournal.net\/news\/bitfinex-securities-launches-first-tokenized-us-treasury-bills-in-el-salvador\/\">announced<\/a> the launch of the first tokenized US T-bill in El Salvador.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/elixir-securitize-launch-defi-vaults-for-blackrocks-buidl\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Elixir and Securitize have partnered to unlock $1 billion in tokenized real-world assets (RWA) to DeFi. The platforms have launched DeFi vaults for BlackRock\u2019s BUIDL fund, with Elixir\u2019s decentralized dollar deUSD core to the project. Elixir, the network powering the decentralized [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":41692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41691"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=41691"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/41692"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=41691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=41691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=41691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}