R3 has announced plans to transform into a Solana-based tokenization and on-chain capital markets platform. The company aims to focus on high-yield institutional assets, such as private lending and trade finance, by packaging them into DeFi-native structures. This move is intended to integrate Wall Street-level assets into the blockchain, significantly increasing the flow of off-chain capital into the on-chain market. Currently, R3 supports over $10 billion in assets through its Corda blockchain platform. The company has established partnerships with major financial institutions, including HSBC, Bank of America, Bank of Italy, the Monetary Authority of Singapore, the Swiss National Bank, Euroclear, SDX, and SBI, to facilitate this transition.