"We will be the only RWA issuer with a regulatory compliant offering that has no minimum thresholds and investor accreditation process and full DeFi composability of a permissionless token," Dinkelmeyer told CoinDesk.
Tokenized versions of real-world assets such as U.S. government bonds are increasingly in vogue among crypto investors to park their stablecoins and earn steady yield without leaving blockchains rails.
The issuance of the products received regulatory approval from Liechtenstein's Financial Market Authority, and will be passported across Germany and Europe, co-founder Dennis Dinkelmeyer said in an email interview with CoinDesk.
The tokenized T-bill market tripled in a year to $2.3 billion with new entrants like asset management giant BlackRock entering the competition.
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