RAAC Partners I-ON Digital for $200M Tokenized Gold Launch as RWA Sector Hits $32B TVL

RAAC Partners I-ON Digital for $200M Tokenized Gold Launch as RWA Sector Hits $32B TVL

By Coinspeaker
RAAC protocol announces partnership with I-ON Digital to issue $200M in tokenized gold, launching pmUSD stablecoin backed by precious metals and real estate.

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RAAC Protocol has forged a groundbreaking partnership with I-ON Digital to launch $200 million in tokenized gold, marking a significant milestone as the Real World Assets (RWA) sector reaches $32 billion in Total Value Locked (TVL). This strategic collaboration introduces pmUSD, an innovative stablecoin backed by precious metals and real estate assets, bridging traditional commodities with blockchain technology.

The tokenized gold initiative represents a major advancement in cryptocurrency adoption, offering investors exposure to physical gold through digital tokens on the blockchain. As Bitcoin and other cryptocurrencies continue evolving, this RWA integration demonstrates how DeFi protocols are expanding beyond traditional digital assets to include tangible commodities.

With the RWA sector experiencing explosive growth to $32B TVL, RAAC's precious metals-backed stablecoin positions the protocol at the forefront of tokenization trends. This partnership highlights the increasing institutional interest in cryptocurrency-based real asset exposure, potentially driving further mainstream adoption. The pmUSD launch could attract both crypto enthusiasts and traditional investors seeking stable, asset-backed digital currencies in the expanding DeFi ecosystem.

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Market Sentiment
neutral
Category
regulation
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Regulation

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