Multiliquid and Metalayer Ventures have launched an institutional liquidity facility that enables instant redemption of tokenised real-world assets into stablecoins on Solana.
The new facility is designed to address a key liquidity bottleneck in onchain RWA markets by allowing holders to convert tokenised assets into stablecoins without waiting for secondary market buyers.
“Traditional finance has repo markets, prime brokerage and overnight lending facilities; tokenised markets have had nothing comparable, until now,”
Said Will Beeson, founder and chief executive of Uniform Labs.
Metalayer Ventures provides and manages the capital backing the redemptions, while Multiliquid supplies the smart contract infrastructure for pricing, compliance enforcement and settlement.
The facility operates as a standing buyer, purchasing tokenised RWAs at a dynamic discount to net asset value during redemption events.
Initial supported issuers include VanEck, Janus Henderson and Fasanara, covering tokenised Treasury funds and selected alternative assets.
The launch comes as Solana gains traction in tokenised RWAs, with about $1.2 billion in assets onchain, even as Ethereum and Canton Network continue to dominate the sector.
At the time of reporting, Solana price was $79.00.