R3 and Solana Foundation have partnered to bring regulated real-world assets onto a public blockchain.
The collaboration will help regulated financial institutions meet the demand for tokenized real-world assets by combining R3’s private enterprise blockchain and Solana's public mainnet.
The tokenization of real-world assets on blockchain is driving an on-chain revolution across capital markets, enabling greater efficiency, liquidity, and automation.
Cryptocurrency exchange Kraken is set to launch tokenized equities on the Solana blockchain, backed by shares held by Backed Finance, for customers in Europe, Latin America, Africa, and Asia in the near future.