Ethena Labs and Securitize are collaborating to submit a proposal for Ethena's USDtb stablecoin to be featured in Spark's $1 billion Tokenization Grand Prix. This competition aims to bring real-world assets (RWAs) into decentralized finance (DeFi) by offering liquidity to selected participants. The goal is to onboard traditional assets like securities and real estate into the crypto ecosystem.
Synthetic dollar protocol Ethena Labs and tokenization platform Securitize have submitted a joint proposal to feature Ethena’s USDtb stablecoin in Spark’s $1 billion Tokenization Grand Prix. The competition seeks to onboard real-world assets (RWAs) to decentralized finance by offering liquidity to selected participants.
https://cointelegraph.com/news/ethena-securitize-join-race-spark-liquidity-usdtb
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