Institutions such as Superstate are expected to receive funding for their tokenization US bond products from the Sky Investment Plan.

DailyNews
CFG-2.64%

Odaily Planet Daily News BlackRock-Securitiz, Superstate, and Centrifuge’s tokenized US bond products are set to receive funding from the Sky (formerly MakerDAO) investment program, with a reported program size of $1 billion. The final allocation will be market-driven, with a cap of $1 billion. If allocated to the maximum, it is expected that BlackRock-Securitize’s issuance of BUIDL will receive $500 million, Superstate’s USTB will receive $300 million, and Centrifuge’s JTRSY will receive $200 million. Once governance is approved, the selected tokenized assets can be used as collateral for Sky’s native Stablecoin USDS and its yield-bearing coin sUSDS. (CoinDesk)

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.
Comment
0/400
Hunigulvip
· 2025-03-18 14:42
Why not my coins credited recvied answer and win quiz credits since 3 weeks ago
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)