Soil, a decentralized credit protocol, has announced that it has reached $2 million in Total Value Locked (TVL). This milestone was achieved quickly after the protocol’s public introduction and represents the changing environment of financial technology and investing methods.
Soil intends to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi) by providing institutional and individual investors with access to Real World Assets (RWAs).
This has happened while the global market for business debt is worth about $14 trillion. This means DeFi solutions have a huge chance of capturing part of the traditional finance market.
The protocol’s plan for getting into this market is to build a blockchain-based system that makes it easy to trade in RWA. This project is interesting because it expands the use of blockchain beyond digital assets to include more actual assets in the real world, possibly changing how buyers interact with these assets.
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We współpracy z: https://cryptodaily.co.uk/2024/04/soils-2-million-milestone-signals-shift-towards-integrating-rwas-with-blockchain
