TechFlow news, on March 18, according to CoinDesk, tokenized U.S. Treasury products from BlackRock-Securitize, Superstate, and Centrifuge will receive funding allocations from Sky's (formerly MakerDAO) $1 billion investment initiative. This program aims to accelerate the adoption of RWA tokenization on the DeFi lending platform Spark.
Under the allocation plan, BUIDL—issued by BlackRock and Securitize and backed by U.S. Treasuries and repurchase agreements—will receive $500 million; Superstate’s USTB will receive $300 million; and JTRSY, a Treasury fund developed by Centrifuge in collaboration with asset management firms Anemoy and Janus Henderson, will receive $200 million.
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