Injective Tokenizes SharpLink’s ETH Treasury, Igniting DeFi Revolution
The post Injective Tokenizes SharpLink’s ETH Treasury, Igniting DeFi Revolution appeared on BitcoinEthereumNews.com. The SBET token is a tokenization of a $1.3B ETH treasury in SharpLink, which is built on Injective. iAssets is a platform that allows programmable yield-generating DeFi assets. The commodities and indices increase the financial world of Injective. Injective has revealed a radical step in blockchain finance as it has tokenized shares of SharpLink, a well-known Ethereum treasury company.With the launch of $SBET, the first onchain Digital Asset Treasury (DAT), the Injective platform now supports leveraged trading at all hours of the day and night. SharpLink has made its $1.3 billion in $ETH reserves available as an active financial product. @injective announced on X that $SBET will launch a new era in global markets, offering easy access to one of the most innovative financial instruments to date. Source – X The Injective iAssets Paper.pdf details the endeavour to build programmable assets that earn returns using the iAssets framework. Some of the recent blog posts in blog.injective.com explain the larger vision of Injective, such as the existence of Ondo interoperable tokenized treasuries and the Agora native US dollars stablecoin. In addition, Injective introduced a tokenized index to the BlackRock BUIDL fund as well as an artificial intelligence-led index product. The newest addition of programmable on-chain commodities continues to extend the Injective ecosystem. Redefining Asset Access with $SBET SharpLink supports the $SBET token with 360,807 ETH, making it a tradable, yield-bearing asset that converts the static reserves. This tokenization will enable the liquidity of the SharpLink treasury of 1.3 billion dollars. The iAssets system and framework described in iAssets_Paper.pdf allow staking and DeFi. The Ondo tokenized treasuries post on blog.injective.com highlights the importance of interoperability. Meanwhile, the Agora stablecoin post on the same blog reinforces the stability of the ecosystem. The $SBET provides unprecedented access for investors to…
The post Injective Tokenizes SharpLink’s ETH Treasury, Igniting DeFi Revolution appeared on BitcoinEthereumNews.com.
The SBET token is a tokenization of a $1.3B ETH treasury in SharpLink, which is built on Injective. iAssets is a platform that allows programmable yield-generating DeFi assets. The commodities and indices increase the financial world of Injective. Injective has revealed a radical step in blockchain finance as it has tokenized shares of SharpLink, a well-known Ethereum treasury company.With the launch of $SBET, the first onchain Digital Asset Treasury (DAT), the Injective platform now supports leveraged trading at all hours of the day and night. SharpLink has made its $1.3 billion in $ETH reserves available as an active financial product. @injective announced on X that $SBET will launch a new era in global markets, offering easy access to one of the most innovative financial instruments to date. Source – X The Injective iAssets Paper.pdf details the endeavour to build programmable assets that earn returns using the iAssets framework. Some of the recent blog posts in blog.injective.com explain the larger vision of Injective, such as the existence of Ondo interoperable tokenized treasuries and the Agora native US dollars stablecoin. In addition, Injective introduced a tokenized index to the BlackRock BUIDL fund as well as an artificial intelligence-led index product. The newest addition of programmable on-chain commodities continues to extend the Injective ecosystem. Redefining Asset Access with $SBET SharpLink supports the $SBET token with 360,807 ETH, making it a tradable, yield-bearing asset that converts the static reserves. This tokenization will enable the liquidity of the SharpLink treasury of 1.3 billion dollars. The iAssets system and framework described in iAssets_Paper.pdf allow staking and DeFi. The Ondo tokenized treasuries post on blog.injective.com highlights the importance of interoperability. Meanwhile, the Agora stablecoin post on the same blog reinforces the stability of the ecosystem. The $SBET provides unprecedented access for investors to…
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