RAAC Partners I-ON Digital for $200M Tokenized Gold Launch as RWA Sector Hits $32B TVL


Key Notes

  • Decentralized lending protocol RAAC secures I-ON Digital partnership for preliminary $200 million tokenized gold issuance.
  • Whole worth locked throughout energetic RWA protocols reaches $16 billion with Securitize main at $3.16 billion deposits.
  • Robinhood CEO predicts RWA tokenization will finally remodel the complete conventional monetary system infrastructure.

RAAC, a decentralized Actual World Asset (RWA) lending protocol, has introduced a key partnership with I-ON Digital Corp (OTCQB:IONI) to difficulty on-chain traded tokenized gold.

The information comes amid Gold worth setting a number of new highs up to now week, pushed by macro financial dangers and RWA sector progress.


According to the official press release, RAAC will associate I-ON Digital, a acknowledged chief in compliant gold digitization, to deploy its gold-backed tokens with an preliminary issuance of $200 million. RAAC may also launch pmUSD, a stablecoin partially collateralized by the tokenized belongings starting from gold to treasured metals and actual property.

“This deal marks a historic second for the mixing of bodily, actual world belongings from conventional to decentralized finance – a long-held, however hardly achieved intention. We’re thrilled to be working with a agency like I-ON that has such a powerful monitor document within the tokenization of gold to carry regular, income-bearing investments into the mainstream of DeFi. We imagine the mixing of regular, dependable belongings like gold is how we assist open finance to realize its full potential, which is facilitating entry to sustainable wealth creation for any sort of investor,” stated RAAC founder, Kevin Rusher.

As a part of the deal, I-ON Digital is billed to take a position as much as $1 million in RAAC as a founding associate of RAAC’s RWA open finance ecosystem.

Robinhood CEO Vlad Tenev Hints Extra Development Forward As RWA TVL Tops $32B

RAAC’s landmark $200 million tokenized gold initiative emphasised on-chain demand for conventional finance belongings and blockchain infrastructure enhancements. Vlad Tenev, CEO of Robinhood buying and selling platform additionally weighed on the RWA sector progress expectations. Speaking at the ongoing Token 2049 conference, Tenev hinted that RWA adoption might mirror growing usage of stablecoins in each day transactions.

“The most important problem within the US is that the monetary system mainly works. It’s why we don’t have bullet trains — medium-speed trains get you there effectively sufficient. So the incremental effort to maneuver to completely tokenized will simply take longer. Finally, it’s going to eat the complete monetary system.”

At press time on Thursday, October 2, Whole Worth locked in energetic RWA protocols has now crossed $32 billion, according to RWA.xyz.

Pepe Node Presale Good points Momentum as RAAC Baggage $200M Tokenized Gold Inflows

As RAAC’s tokenized gold launch alerts institutional urge for food for on-chain RWAs, new presale initiatives like Pepe Node are additionally drawing investor curiosity.

Providing as much as 864% in staking rewards Pepe Node lets customers construct digital meme coin mining rigs, merge nodes for boosted returns, and earn tokenized bonuses.

Pepe Node Presale

Pepe Node Presale

At present priced at $0.0010, the Pepe Node presale has already raised $1.16 million of its $1.3 million goal. Members can nonetheless be part of by Pepe Node’s official website earlier than the subsequent worth tier unlocks.

Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any choices based mostly on this content material.

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