Alvin Lang
Dec 12, 2024 07:47
BounceBit partners with DigiFT, a regulated exchange, to integrate tokenized real-world assets, enhancing institutional-grade yields and expanding its CeDeFi ecosystem.
In a significant advancement for the decentralized finance (CeDeFi) landscape, BounceBit has announced a strategic partnership with DigiFT, Singapore’s premier regulated exchange for on-chain real-world assets (RWA), as reported by BounceBit. This collaboration aims to bring institutional-grade yields to the forefront, bridging the gap between traditional and decentralized finance.
Expanding the RWA Ecosystem
This integration enhances BounceBit’s RWA capabilities, offering users access to a broader spectrum of real-world assets. Through DigiFT’s regulated platform, institutional investors can seamlessly integrate top-tier investment opportunities, such as uMINT, a tokenized money market investment issued under UBS Asset Management, marking a pivotal step in the CeDeFi domain.
Institutional-Grade Infrastructure
BounceBit, a leader in CeDeFi infrastructure, is committed to regulatory compliance and delivering high-quality RWA opportunities. This partnership with DigiFT, licensed by the Monetary Authority of Singapore, underscores BounceBit’s dedication to maintaining robust compliance standards while enhancing its offerings.
User Benefits
The strategic integration provides several key advantages for users:
- Access to institutional-grade diversification through sustainable yield assets uncorrelated with crypto exposure.
- Enhanced liquidity through real-time redemption via DigiFT’s platform.
- Complete asset control with self-custody mechanisms.
- Streamlined user experience with seamless platform integration.
Strategic Growth
The RWA sector is becoming a crucial component of Web3 as institutional adoption rises. This partnership positions BounceBit at the forefront of this trend, offering users premium RWA opportunities while ensuring stringent security and compliance measures are in place.
BounceBit plans to continue expanding its RWA offerings and developing its CeDeFi infrastructure, with further announcements expected on additional integrations and capabilities.
About BounceBit
BounceBit pioneers CeDeFi infrastructure by offering institutional-grade yield products, restaking use cases, RWA integration, and CeDeFi as a service. The BounceBit chain operates as a dual-token PoS Layer 1 secured by BTC and $BB, leveraging Bitcoin’s security with full EVM compatibility. This setup allows users to earn interest from CeFi, utilize liquidity custody tokens (LCTs) for restaking and on-chain farming, and access tokenized RWAs for diversified yield generation.
About DigiFT
DigiFT, the first regulated exchange for on-chain real-world assets, aims to democratize access to next-generation asset classes through tokenization technology. The platform bridges traditional finance (TradFi) and decentralized finance (DeFi) by offering a regulated platform for trading tokenized real-world and Web3 assets, leveraging blockchain technology to make sophisticated investment opportunities more accessible.
Image source: Shutterstock
