This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

Blockchain by FinTech Collective

Dynamic programmable secure public ledger

| less than a minute read

MakerDAO: Treasurys tokenized on Ethereum bring the real world to crypto

MakerDAO has a treasury in the billions of dollars. It's almost entirely the funds users have posted as collateral to borrow Maker's native DAI. As of this summer, MakerDAO has moved $2.2 billion of its $5 billion under management into U.S. Treasurys. Interacting with so-called "real world assets" was always in the vision for MakerDAO.

"DAO treasuries are key to unlocking some new DeFi primitives. This year, I think tokenized T-bills are the clear primitive to unlock"

Tags

portfolio news, portco news, maker, makerdao, maker dao, crypto, tokenization, rwa, rwas, dai, web3, t-bills, treasuries, treasurys