The Bouncebit, a leading centralized Bitcoin restoration platform, has now announced cooperation with Hashnote, a company recently acquired by the Circle. This collaboration incorporates Hashnote’s yield-bearing token on the bouncebit platform. It provides investors to the institutional dual yields that are the opportunities to bridge the stability of the US treasury with the advantage of trading in the Asian market.
A unique cross-market edge for investors
The USYC integration with the Bouncebit platform enables institutions to use the world’s largest tokenized to the world’s currency market as collateral for delta-neutral trading techniques in Asian markets. This method combines the security of US treasury bills with the dynamic potential of Asian -based trading.
Jack Lu, founder and CEO of Bouncebit, mentioned the growing interest from Asian investors in US markets.
“We see an increasing demand from Asian investors looking for exposure to US markets. This product allows investors to at the same time earning from US market exposure and Asian -based trading techniques , “Jack said in a release shared with Alexablockchain.
Integration of real-world assets with Cedefi
The USYC, a tokenized representation of the Hashnote’s International Short Duration Fund (SDYF), plays an important role in the Bouncebit’s centralized Defi (Cedefi) system. By incorporating the real-world assets (RWA) into its platform, the bouncebit offers a stable and regulated foundation for the credit market, arguing with traditional finances with digital asset ecosystems.
The position of this collaboration is bouncebit as a leader in the adoption of the institutional defi. Bouncebit becomes the first platform to enable direct RWA-to-centralized exchange (CEX) Trading Credit. The cooperation also facilitates the seamless integration between traditional chief brokers and major digital asset exchanges, which strately connects US RWA capital to Asian infrastructure.
Circle got Hashnote
Earlier this month, Circle got Hashnote, the Usyc. This proves the growing importance of tokenized financial sectors. The USYC has emerged as the largest tokenized product of the US Treasury, reflecting a significant move toward the integration of traditional financial instruments with blockchain technology.
Jeremy Allaire, CEO and Chairman of the Circle, highlighted in the transformation of the potential of this acquisition, stating, “USYC’s integration and hashnote on the Circle platform marks a major moment in the evolution of the market of the market of the Stablecoin, as cash and results in the short -term duration of the Treasury Bill.
Bouncebit
Established in 2023 and headquartered in Singapore, the bouncebit bridge aimed at the gap between centralized and decentralized finance. The company offers a dual-token proof of Stake Layer 1 Blockchain associated with Bitcoin and the native $ BB token, which supports EVM compatibility. This infrastructure enables the tokens of liquidity for relaxation and on-chain defi farming, providing transparent and secure yield products for users.
During its initial funding in February 2024, the bouncebit raised $ 6 million, attracting investments from well -known companies such as Blockchain Capital and Breer Capital. The subsequent funding of the funding saw participation from investors including Boyaa Interactive, further strengthened the company’s financial foundation.
Strategic investment and partnerships
The growth of the bouncebit is marked by strategic investments and partnerships aimed at enhancing Cedefi’s infrastructure. Interestingly, the laser digital, a subsidiary of the Nomura Group, has invested in the bouncebit to advance the integration of real-world assets into decentralized finances.
Jack Lu said: “Laser digital cooperation not only means capital but also part of our efforts to build a bridge between tradfi and defi. The views and influences of institutions such as laser digital will be performed by An important role in the future of RWA in the bouncebit. “
The wider context: financial tokenization
Collaboration between Bouncebit and Hashnote reflects a broader run in the financial industry to the tokenization-the process of converting real-world assets to digital tokens into a blockchain. Tokenization has offered many benefits, including increased liquidity, fractional ownership, and improved transparency.
The Hashnote Circle acquisition and the USYC integration in the bouncebit indicates a growing recognition of the value of tokenized assets. While traditional financial institutions are further exploring blockchain technology, partnerships that drive the gap between conventional finances and defi become more widespread.
In general, the cooperation of the Bouncebit-Hashnote shows the dynamic evolution of the financial sector. It highlights the increasing interplay between traditional financial instruments and blockchain technology. While institutions are looking for sari -good and efficient investment techniques, the integration of tokenized assets into the defi platforms offers a promising pathway toward a more interrelated and versatile financial ecosystem.
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