TLDR
- 1inch has partnered with Ondo Finance to integrate tokenized real-world assets into its Swap API.
- The upgrade allows users to trade tokenized RWAs alongside native crypto assets.
- Trust Wallet and Bitget have already integrated the new RWA Swap API for their users.
- Ondo Finance enables access to tokenized stocks and ETFs for non-U.S. investors.
- 1inch aims to address liquidity issues that have hindered RWA adoption in DeFi.
1inch has partnered with Ondo Finance to enhance its Swap API, enabling access to tokenized real-world assets (RWAs). This integration allows users to trade tokenized RWAs alongside native crypto assets, streamlining the process. The update is available through 1inch’s dApp, wallets, and various partner integrations.
The collaboration aims to address liquidity issues, which have hindered RWA adoption in decentralized finance (DeFi). With this upgrade, 1inch promises a seamless trading experience for users looking to access tokenized RWAs. The company intends to make these assets as accessible as native cryptocurrencies.
1inch Partners with Ondo Finance to Enable RWA Trading
Ondo Finance’s tokenization of real-world assets has made it possible for 1inch to offer tokenized RWAs through its platform. Users can now access up to 100 tokenized stocks and ETFs on Ethereum. This includes non-U.S. investors, marking a significant step in making tokenized RWAs more globally accessible.
1inch’s partnership with Ondo Finance is set to transform how traditional assets are traded in the DeFi space. By enabling tokenized RWAs, 1inch aims to bridge the gap between traditional finance and DeFi. These tokenized assets will now be transferable and DeFi-compatible, expanding the ecosystem’s reach.
Sergej Kunz, co-founder of 1inch, commented, “Tokenization of real-world assets is tomorrow’s tech being adopted today.” This reflects the company’s forward-thinking vision of bringing traditional assets into the decentralized world. The upgrade is part of 1inch’s broader mission to democratize finance.
Bitget and Trust Wallet Integrate 1inch’s RWA Swap API
Several platforms, including Trust Wallet and Bitget, have already integrated the new RWA Swap API. Trust Wallet has enabled its 200 million users to trade tokenized RWAs using USDC. This integration simplifies trading for users by allowing them to purchase tokenized RWAs in the same way as crypto assets.
Bitget also announced its integration of Ondo Finance’s tokenized U.S. stocks and ETFs. This allows users to access traditional assets directly from their wallets, expanding the scope of assets available for trading. By integrating 1inch’s RWA Swap API, both platforms offer seamless access to tokenized RWAs.
The integration with these platforms further emphasizes 1inch’s efforts to create a unified DeFi ecosystem. With Ondo Finance’s tokenized assets now part of 1inch’s offering, the possibilities for DeFi adoption of real-world assets continue to grow. As 1inch and Ondo Finance work together, the platform sets the stage for future innovation in decentralized trading.
