Sterling Crispin pfp
Sterling Crispin
@sterlingcrispin
I've been positioning into RWA's, and they're confusing to make sense of, but here are my top picks: ONDO giant in RWAs with a semi-permissioned L1, stablecoins, onchain stocks, ties to big tradfi and Trump’s WLF ENA issues USDe synthetic stable with backing from BlackRock and Securitize who launched another stable with them ELX app specific sidechain, issues deUSD a synthetic stable that institutional holders of Securitize issued RWA's can mint so they can get onchain liquidity for other Defi stuff SKY, formerly MakerDAO, bit of a mess but worth a bet LINK , obvious infra play as an oracle for onchain prices of RWA's PLUME new L1 for RWA's a focus on staking deUSD from ELX in their Nest app MNT an ETH L2 embracing RWAs, merged with BitDAO last year, partnered iwth ONDO to make two stables and with Securitize to launch a RWA fund XLM originally an XRP fork, longshot in my opinion SYRUP huge lending platform $3B AUM with staking yield CFG tokenized credit and loans not financial advice DYOR 👍
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0xmons ✝️ pfp
0xmons ✝️
@xmon.eth
Ondo and elixir are literally scammy btw
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Sterling Crispin pfp
Sterling Crispin
@sterlingcrispin
What kind of accusation are you making? Are you upset they're in bed with big finance? Ondo is a bunch of ex-Goldman Sachs and Morgan Stanley people. They're working with BlackRock, PayPal, and Morgan Stanley and have a ton of legitimate products. They're one of the most established companies in the space Elixr is a little higher risk I think. I'm not a huge fan of synthetic stables but taking Securitize issued RWA's (like BlackRocks BUIDL fund) as collateral and minting their synthetic stable to institutions so they can have onchain liquidity is a product that makes sense
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Garrett pfp
Garrett
@garrett
say more how so?
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