Ethena’s open competitors is the most recent instance of tokenized RWAs getting more and more used within the crypto-native, decentralized finance (DeFi) world. Most lately, DeFi lender MakerDAO introduced plans to speculate $1 billion of backing property of the DAI stablecoin in tokenized Treasury merchandise, whereas ArbitrumDAO, an ecosystem growth group of Ethereum layer-2 Arbitrum, finalized an analogous contest to allocate the equal of 35 million of ARB tokens in tokenized choices.
SEC’s Atkins requires overhaul of ‘badly needing consideration’ crypto guidelines
Key Takeaways SEC Chairman Paul Atkins requires a complete overview of crypto laws. Atkins goals to determine a rational framework...