Well, if you ever thought the world of tokenization was getting a bit too quiet, think again! Brickken, the tokenization platform that’s been making waves, has decided to team up with Credefi, the decentralized lending protocol, to create a peer-to-peer lending system that’s as revolutionary as a mule riding a bicycle. 🐴🚲
- Brickken integrates Credefi for decentralized lending, because why not?
- The new lending system will be peer-to-peer, which means you can lend to your neighbor without the bank getting in the way.
- RWAs (Real-World Assets) will serve as the backing for loans, because who needs cash when you’ve got a house, right?
Real-world assets are rapidly expanding the potential in DeFi, much like how a cat expands its territory in a new home. On Monday, July 28, the tokenization platform Brickken integrated with the DeFi lender Credefi to create permissionless, peer-to-peer lending. It’s like a potluck where everyone brings something different to the table, and no one’s keeping score. 🍽️
Brickken’s lending platform will use the RWAs issued on its platform as loan collateral for lending. Users will be able to put up these RWAs as collateral on Credefi’s DeFi platform, set their own loan terms, including interest rates and duration. It’s like setting up a lemonade stand, but instead of lemons, you’re using your car as collateral. 🚗🍋
According to Edwin Mata, CEO of Brickken, this approach leverages DeFi to give RWAs a real use case, beyond just holding and trading. What is more, the loans will be fully non-custodial, without banking intermediaries. In other words, it’s like borrowing a book from your friend without having to go through the library. 📚
“This collaboration proves that tokenization is not just about creating digital representations of assets, it’s about unlocking utility, liquidity, and autonomy,” Edwin Mata, Brickken. But let’s be honest, it’s also about making the world a little more interesting.”
DeFi is Unlocking RWA Potential: Brickken
Brickken explained that this initiative is part of its broader effort to grow the RWA ecosystem. Specifically, its focus is on bringing in liquidity through DeFi, which has so far been lacking. For instance, for DeFi issuers, this approach enables them to bring their assets to the market. It’s like inviting everyone to a party where the punch bowl is always full. 🥂
“Thanks to Credefi, we’re adding a critical piece to the RWA puzzle: the DeFi layer. While issuance and compliance have matured significantly, DeFi now brings the liquidity layer that real-world assets need to scale. With all three pillars, issuance, compliance, and DeFi finally aligned, the next wave of tokenized asset adoption is ready to take off,” Brickken CRO Ludovico Rossi. But let’s not get ahead of ourselves; it’s still early days, folks!”
Still, RWA lending is unlikely to take a big chunk out of the traditional lending market. Instead, it enables RWA holders to take loans largely based on the perceived underlying value of their assets. It’s like getting a loan based on the promise of a good harvest, rather than the actual crop in the barn. 🌾
Read More
- Best Controller Settings for ARC Raiders
- Ashes of Creation Rogue Guide for Beginners
- Stephen Colbert Jokes This Could Be Next Job After Late Show Canceled
- DCU Nightwing Contender Addresses Casting Rumors & Reveals His Other Dream DC Role [Exclusive]
- 7 Home Alone Moments That Still Make No Sense (And #2 Is a Plot Hole)
- Is XRP ETF the New Stock Market Rockstar? Find Out Why Everyone’s Obsessed!
- 10 X-Men Batman Could Beat (Ranked By How Hard It’d Be)
- Gigi Hadid, Bradley Cooper Share Their Confidence Tips in Rare Video
- 4 MMO Games That Were Supposed to Be World of Warcraft Killers (and What Happened to Them)
- Emmerdale star Joshua Richards on Bear’s shocking descent into modern slavery – and past role exploring “horrifying” subject matter
2025-07-28 22:33