BlackRock, Superstate, Centrifuge receive $1 billion RWA tokenization asset investment from Sky

PANews reported on March 18th that Sky (formerly MakerDAO) plans to invest $1 billion in the tokenization of U.S. Treasury products from BlackRock-Securitize, Superstate, and Centrifuge to accelerate the adoption of Real World Assets (RWA) on the Decentralized Finance platform Spark. Among them, BUIDL issued by BlackRock-Securitize will receive 500 million US dollars, USTB from Superstate will receive 300 million US dollars, and JTRSY from Centrifuge will receive 200 million US dollars. The decision was made after evaluating 39 applicants by Steakhouse Financial, and final allocation still requires governance approval.