RAAC has partnered with I-ON Digital Corp to introduce $200 million in tokenized gold into its decentralized finance (DeFi) ecosystem. This strategic move elevates RAAC to one of the top 15 real-world asset (RWA) protocols in DeFi, with a total value locked (TVL) comparable to major institutions like BlackRock and Tether.
In addition to the tokenized gold, RAAC plans to launch pmUSD, a stablecoin partially backed by ION.au, to facilitate decentralized investment strategies. These strategies will focus on structured yield opportunities in gold, other precious metals, and real estate. I-ON Digital will also invest up to $1 million as a founding partner in the newly established RWA Alliance, aiming to guide RAAC's RWA open finance ecosystem.
RAAC and I-ON Digital Partner to Launch $200M Tokenized Gold in DeFi
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