ChainCatcher reports that, according to CoinDesk, blockchain technology developer R3 has announced plans to reposition itself as a tokenized and on-chain capital market based on Solana, focusing on high-yield institutional assets such as private lending and trade finance, and packaging them into DeFi native structures.
It is reported that R3 currently supports assets exceeding $10 billion through its Corda blockchain platform and has also established partnerships with HSBC, Bank of America, Bank of Italy, Monetary Authority of Singapore, Swiss National Bank, Euroclear, SDX, and SBI, aiming to bring Wall Street-level assets onto the blockchain and massively bring off-chain capital into the on-chain market.
