News Explorer — Spark Allocates $1B to US Treasury-backed RWAs to Lead On-Chain Capital Allocation Category

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May 6, 6:30 am

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Spark Allocates $1B to US Treasury-backed RWAs to Lead On-Chain Capital Allocation Category

Spark, part of the Sky ecosystem, has committed an additional $1 billion to tokenized real-world assets backed by U.S. Treasury securities, bringing its total value locked to $2.4 billion. This expansion follows the Tokenization Grand Prix and aims to stabilize yields in DeFi.

Spark, part of the Sky ecosystem, has committed an additional $1 billion to tokenized real-world assets backed by U.S. Treasury securities, bringing its total value locked to $2.4 billion. This expansion follows the Tokenization Grand Prix and aims to stabilize yields in DeFi.

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