Centrifuge expands the $400 million US Treasury bond fund's RWA to Solana

Centrifuge Expands $400 Million U.S. Treasury Fund RWA to Solana: Centrifuge announced the expansion of its tokenized asset services to the Solana blockchain, starting with a $400 million tokenized U.S. Treasury Fund (JTRSY) managed by Anemoy. The fund's corresponding deJTRSY token will allow Solana users to earn yield on short-term Treasury bonds on platforms such as Raydium, Kamino, and Lulo. According to Centrifuge, the expansion is based on its "deRWA token" standard, which enables tokens to be freely transferred and used between DeFi protocols. This week, the Solana Foundation also partnered with bank-focused blockchain technology company R3 to bring in real-world assets, and Securitize's Apollo Credit Asset Fund will also be connected to the Solana ecosystem's DeFi protocol.