PANews January 24 News, according to CoinDesk, blockchain technology developer R3 announced that it plans to reposition itself as a tokenization and on-chain capital market platform based on Solana. The company will focus on high-yield institutional assets, such as private credit and trade finance, and package them into DeFi-native structures, aiming to bring Wall Street-level assets onto the chain and to significantly introduce off-chain capital into on-chain markets. It is reported that currently R3 supports assets exceeding $10 billion through its Corda blockchain platform, and has established partnerships with HSBC, Bank of America, Intesa Sanpaolo, the Monetary Authority of Singapore, the Swiss National Bank, the European Clearing Bank, SDX, and SBI.
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