TL;DR
- Multiliquid and Metalayer Ventures launched an institutional liquidity automobile on Solana that allows the redemption of tokenized RWAs and the receipt of stablecoins.
- The automobile is raised and managed by Metalayer Ventures, which acts as a standing purchaser and makes use of Multiliquid’s good contracts.
- The construction helps RWAs from asset managers akin to VanEck, Janus Henderson, and Fasanara, and targets the discharge of locked liquidity in non-public credit score, actual property, and various funds.
Multiliquid and Metalayer Ventures launched an institutional liquidity software to allow the moment redemption of tokenized real-world property on the Solana community. The automobile permits onchain positions to be transformed into stablecoins instantly, with out counting on issuer-controlled redemption home windows.
The ability is raised and managed by Metalayer Ventures, whereas Multiliquid offers the good contract infrastructure used for pricing, settlement, interoperability, and compliance enforcement. The capital operates as a standing purchaser of tokenized RWAs and executes purchases at a dynamic low cost relative to web asset worth.
Metalayer and Multiliquid Break the Bottleneck within the RWA Market
This construction targets an operational bottleneck that limits institutional use of tokenized property, significantly outdoors the Treasury market. Tokenized non-public credit score, non-public fairness, and actual property merchandise retain closed liquidity buildings, even when marketed as cash-like devices. Conversion into liquid capital usually takes days or perhaps weeks.
The brand new automobile permits customers to promote their tokens at any time and obtain stablecoins immediately, 24 hours a day. Metalayer manages the capital backing redemptions and assumes the function of counterparty, whereas Multiliquid executes the onchain logic that determines pricing, verifies regulatory situations, and settles transactions.
Within the preliminary section, the ability will assist property issued by managers akin to VanEck, Janus Henderson, and Fasanara. Tokenized Treasury funds and a collection of various merchandise are additionally included. The capital will probably be deployed by audited good contracts, and liquidity suppliers will probably be compensated for providing everlasting availability.
Solana Nonetheless Has Important Floor to Cowl
The launch coincides with the expansion of the tokenized RWA market on Solana, which already exceeds $1 billion in worth. The community hosts greater than 300 property and exhibits double-digit month-to-month development, though its market share stays under 1%.
Canton Network leads the market with greater than $348 billion in RWAs, adopted by Ethereum and Provenance, every with round $15 billion. In that context, the Multiliquid and Metalayer facility introduces a devoted liquidity layer that operates as redemption infrastructure, separate from issuers and aligned with steady onchain flows.
The automobile was designed to scale and prolong to different markets, and discussions are underway to combine it with Solana DeFi protocols that might permit exits from RWA positions.
