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Symbiotic aims to make tokenized assets easier to cash out with new liquidity network
Key takeaways
- Symbiotic, a crypto infrastructure firm backed by Paradigm, Pantera Capital and Coinbase Ventures, rolled out a new system aimed at tackling one of the biggest obstacles facing tokenized assets: liquidity.
- The product addresses a key friction point in tokenized finance.
- "The RWA market has crossed $33 billion, but most of those assets still can't be redeemed on demand," Symbiotic co-founder Misha Putiatin told CoinDesk.
Symbiotic, a crypto infrastructure firm backed by Paradigm, Pantera Capital and Coinbase Ventures, rolled out a new system aimed at tackling one of the biggest obstacles facing tokenized assets: liquidity.
The product, dubbed Liquid Lane, allows investors to exchange tokenized funds, private credit products and other real-world assets (RWAs) for stablecoins almost instantly instead of waiting through redemption windows that can stretch for as long as 180 days.
The product addresses a key friction point in tokenized finance. While assets may exist onchain, the underlying redemption process often remains tied to traditional financial infrastructure.
Article preview — originally published by CoinDesk. Full story at the source.
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