Multiliquid, Metalayer Roll Out Instant Redemptions for Tokenized RWAs
A report from Cointelegraph says Multiliquid and Metalayer Ventures have launched an institutional liquidity facility to provide instant redemptions for tokenized real-world assets on Solana. The facility allows holders of tokenized assets to convert positions into stablecoins instantly.
Metalayer’s facility functions as a standing buyer of tokenized RWAs, purchasing assets at a dynamic discount to net asset value, with Metalayer supplying and managing the capital backing redemptions and Multiliquid providing the smart contract infrastructure for pricing, compliance enforcement and settlement.
The vehicle will initially support tokenized assets issued by VanEck, Janus Henderson and Fasanara, covering tokenized Treasury funds and select alternative investment products. “Traditional finance has repo markets, prime brokerage and overnight lending facilities.