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GSR Partners with DigiFT to Launch RWA Token OTC Secondary Market

4 hours ago

On August 11th, according to Coindesk, the cryptocurrency market maker GSR has formed a partnership with the regulated tokenized asset trading platform DigiFT to initiate over-the-counter (OTC) secondary trading of tokenized real-world assets (RWA). This service is targeted at eligible institutional investors and is available seven days a week during Asian market hours. Qualified institutions can trade tokenized units of funds such as the Invesco US Senior Loan ETF (iSNR), the UBS Dollar Money Market Fund (uMINT), and the Wellington Ultra Short Duration Government Chain Fund (ULTRA). GSR will offer systematic bid-ask spreads, while DigiFT's platform enables settlement under regulation in Singapore and Hong Kong. According to DeFiLlama data, the RWA sector has grown to a total asset size of over $13.4 billion, with a substantial portion coming from tokenized government bond funds and gold-backed cryptocurrencies.
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A certain Whale/Institution once again acquired 12,020 ETH from FalconX, bringing their total holdings to over 230,000 ETH

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