Solana News: Sky's Keel Starts $500M Investment Campaign to Boost Tokenized RWAs
Keel, part of the Sky ecosystem, launched a $500 million campaign called the Tokenization Regatta to attract tokenized real-world assets to the Solana network.Summary
Keel, an onchain capital allocator within the Sky ecosystem (formerly MakerDAO), has initiated a $500 million investment campaign named the "Tokenization Regatta" to drive tokenized real-world assets (RWAs) onto the Solana network. This initiative, announced at Solana Breakpoint in Abu Dhabi, aims to support projects issuing RWAs like debt, credit, or funds on Solana through a competitive selection process. Keel, which uses reserves from Sky's $6 billion USDS stablecoin to allocate into yield-generating assets, stated that over 40 institutions have already shown interest, addressing a key pain point for asset issuers lacking sufficient buy-side demand. The $500 million is part of Keel's larger plan to channel up to $2.5 billion into Solana-based tokenized finance. Applications for the first phase open soon, with evaluation criteria focusing on tokenization quality, yield potential, and liquidity.
(Source：CoinDesk)