PANews reported on November 19 that according to The Block, tokenization company Securitize has launched a new method to obtain liquidity from physical assets through its innovative "sToken" while still earning income. On Tuesday, the company announced that this token architecture is the result of a collaboration between its subsidiary Securitize Credit and the "synthetic dollar" project Elixir.
sTokens, based on Ethereum’s ERC-4626 token standard, will provide institutional investors holding Securitize-issued RWAs with a way to convert those assets into Elixir’s decentralized dollar token deUSD while still earning a yield on their investment. BlackRock’s BUIDL token will be the first token issued by Securitize that belongs to this “deUSD RWA Institutional Program,” with other assets planned to follow later.
