Asseto focuses on RWA tokenized fintech companies and is committed to building a next-generation on-chain asset platform. Asseto tokens will be generated for each unique financial strategy or product powered by reputable asset managers or issuers and deeply embedded into the decentralized world towards a path of product-market fit.
Odaily reports: According to Pendle monitoring, NGI+ converts traditional institutional fund exposure into permissionless tokens. The underlying Partners Group fund shares remain held by Reale, while tokens representing their economic exposure can be freely transferred between wallets and interact with DeFi. KYC/AML checks are set at the entry and exit points; subscriptions and redemptions are conducted through Reale, during which the tokens can be used in composable strategies. The fund opens for trading once a month, and Pendle has launched PT, YT, and LP markets around it; once money markets accept NGI+ as collateral, lending and looping operations can also be carried out. Asseto Finance has built a reusable framework that can be used to bring more institutional strategies on-chain. Pendle stated that the Partners Group Next Generation Infrastructure fund has $2.1 billion in assets under management.
United Stables ($U) has partnered with Venus Protocol and Asseto Finance to launch a new $U fixed-term vault on BNB Chain, bringing the institutional-grade RWA asset CASH+ into the on-chain credit market. CASH+ holders can retain their underlying RWA exposure while using CASH+ as collateral to borrow $U without selling their assets. $U suppliers can earn a target annualized yield of 2.16%, over a 1-month term, with a $500K $U capacity.