Custody-native credit is the unlock here. Institutional treasurers dont care about yields if moving assets out of regulated custody creates operational headaches or compliance gaps. The Franklin pilot proves the thesis, tokenized funds generating returns while collateralized without ever leavng the vault is exactly how traiditional finance already works. If this scales, its not disruptive, its just removing the friction that kept instutions from treating onchain assets like any other liquid colateral.
SemiLiquid unlocks institutional lending on Avalanche.
Custody-native credit is the unlock here. Institutional treasurers dont care about yields if moving assets out of regulated custody creates operational headaches or compliance gaps. The Franklin pilot proves the thesis, tokenized funds generating returns while collateralized without ever leavng the vault is exactly how traiditional finance already works. If this scales, its not disruptive, its just removing the friction that kept instutions from treating onchain assets like any other liquid colateral.
Programmable institutional lending against digital assets. Wild.