Very proud to share that @TVLCap has been selected as one of eight projects in @obexincubator 's inaugural cohort, with $1bn of USDS capital being deployed collectively across the group as part of @SkyEcosystem $2.5bn mandate to Obex.
Being chosen to be part of this capital allocation on behalf of Obex and Sky is a meaningful signal of trust and conviction in the Chain Traded Products (CTPs) we are building at TVL Capital - and a signal that the market is ready for this convergence between traditional finance and onchain infrastructure.
TVL Capital has been selected for the inaugural @obexincubator cohort, joining the @SkyEcosystem alongside Maple, https://t.co/2OtT7WIoAe Daylight, Centrifuge, Securitize, River, and Better.
Obex, administered by @hiFramework Ventures and backed by a $2.5bn mandate from Sky (formerly MakerDAO) - the protocol behind USDS (formerly DAI) - is deploying $1bn across this first cohort to bring institutional-scale, real-world yield on-chain across structured credit, fintech lending, energy finance, Al infrastructure, tokenisation, and crypto capital markets.
TVL Capital is building Chain Traded Products (CTPs) - institutional-grade structured products, on-chain. CTPs bring the programmability, transparency, and efficiency of decentralised infrastructure to sophisticated investment strategies traditionally confined to legacy financial rails.
Proud to announce our $5M raise to build Chain-Traded Products (CTPs): institutional-grade structured products issued, distributed, and managed onchain.
Having spent most of my career as a structured products trader and market maker, and then specialising in digital assets, it felt like the right time to combine the two and build for what comes next in the evolution of financial markets.
The worlds are converging, and onchain technology is now mature enough for real finance use cases.
Looking forward to sharing more as we build.
@hiFramework@obexincubator@FlowTraders
1/ We are excited to announce our $5M Seed Round ๐
Thank you @hiFramework, @FlowTraders and the other strategic investors for your trust.
The funds will be used to build Chain-Traded Products (CTPs): institutional-grade structured products issued, settled, and managed onchain.
Glad to see positive words from our CEO, U.S. Digital Assets EO and a repeal of SAB 121.
It's already been quite the journey to get to this point, yet there is still a lot of work to be done and a long way to go..
..slowly, slowly, and then all of a sudden.
In this paper we argue that #digitalassets like #bitcoin, #stablecoins and #cbdcs have potential to significantly alter the global currency landscape and affect the dollars dominance. This table may be a useful overview https://t.co/NHr2rLRUW4
@nic_carter@nic_carter apologies for not crediting your chart in our report. We reached out to ask to use it, then recreated it, but missed citing you in the final version. Correcting immediately. Thanks for highlighting.
1/ Could A Banking Crisis Drive Adoption?
New episode with Amy Oldenburg and @AndrewLPeel from Morgan Stanley! We discuss:
- severity of the banking crisis
- the changing market regime
- institutions adopting crypto
โ https://t.co/jUvGn2KiKW
โ https://t.co/Bhuyc8o3pF
.@AndrewLPeel: We are a number of years from Security Token mainstream adoption. However, the fact we're sitting in the Bloomberg offices talking seriously about #securitytokens is testament to the level of professionalism they have taken on, even since last year #CryptoSummit