Centrifuge Brings RWAs of $400M U.S. Treasury Fund to Solana

Odaily News Centrifuge announced that it will expand its tokenized asset services to the Solana blockchain, starting with the $400 million tokenized U.S. Treasury bond fund (JTRSY) managed by Anemoy. The deJTRSY token corresponding to the fund will enable Solana users to earn income from short-term Treasury bonds on platforms such as Raydium, Kamino and Lulo. Centrifuge said that the expansion is based on its "deRWA token" standard, which allows tokens to be freely transferred and used between DeFi protocols. The Solana Foundation also partnered with R3, a blockchain technology company focused on banks, this week to introduce real-world assets, and the Apollo Credit Asset Fund issued by Securitize will also be connected to the DeFi protocol of the Solana ecosystem.