R3 bets on Solana to bring institutional yield onchain
R3 has partnered with Solana to tokenize real-world assets and bring institutional yield products onto the blockchain.Summary
After a strategic review of the blockchain landscape, R3, a firm known for building infrastructure for financial institutions, chose Solana as the best network to move institutional capital onchain, viewing it as the "Nasdaq of blockchains" due to its structure and trading-first design. This decision led to a strategic partnership with the Solana Foundation. R3 aims to tokenize the next trillion dollars of assets, focusing initially on higher-yielding products like private credit and trade finance, packaged in a DeFi-native way to attract existing onchain allocators seeking stable, uncorrelated yield. To facilitate this, R3 announced the Corda Protocol, built natively on Solana, which will launch in the first half of 2026. This protocol introduces yield vaults backed by real-world assets, issuing liquid, redeemable tokens that offer stablecoin holders access to tokenized debt and funds while ensuring DeFi-style liquidity and composability, ultimately aiming to close the gap between Wall Street assets and DeFi markets.
(Source：CoinDesk)