BlackRock, the world's largest asset manager, teams up with Curve and Elixir to create a $533 million DeFi fund, heralding a new era of real asset tokenization.
Game-Changing Partnership
Curve Finance continues to strengthen its position in DeFi, attracting investor attention. The partnership with BlackRock and Elixir enables Curve to turn up to $1 billion in real assets into DeFi tokens.
Tokenizing Real Assets
Part of the $533 million assets are converted into tokens backed by U.S. Treasury bills. Through Securitize, such assets become available for trading in the DeFi world.
Success of deUSD and Elixir
Elixir plays a key role as a network partner using deUSD to enhance its infrastructure. Since its launch, it has achieved over $160 million in liquidity in just four months.
The collaboration of leading asset management and blockchain players accelerates DeFi adoption and tokenizes real assets, offering access to decentralized financial markets.