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GSR collaborates with DigiFT to launch OTC secondary trading market for RWA tokens

Summary: According to Coindesk, cryptocurrency market maker GSR has partnered with regulated tokenized asset trading platform DigiFT to launch over-the-counter (OTC) secondary trading for tokenized real-world assets (RWA). The service is aimed at eligible institutional investors, available seven days a week in Asian market hours, allowing qualified institutions to trade tokenized units of funds including JPMorgan ...

According to Coindesk, cryptocurrency market maker GSR has partnered with regulated tokenized asset trading platform DigiFT to launch over-the-counter (OTC) secondary trading for tokenized real-world assets (RWA). The service is aimed at eligible institutional investors, available seven days a week in Asian market hours, allowing qualified institutions to trade tokenized units of funds including JPMorgan US Senior Loan Strategy (iSNR), UBS Dollar Money Market Fund (uMINT), and Wellington Ultra Short Duration Government Bond On-Chain Fund (ULTRA). GSR will provide systematic bid-ask spreads, while DigiFT's platform facilitates settlement under regulation in Singapore and Hong Kong.

According to DeFiLlama data, the RWA sector has grown to over $13.4 billion in asset size, with most coming from tokenized government bond funds and gold-backed cryptocurrencies.

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