Mars Finance reported, according to official announcements, that the lending protocol Figure (( NASDAQ code: FIGR )) has announced the establishment of the RWA Alliance, expanding its monthly on-chain lending business of over $1 billion to Solana. The alliance aims to promote the PRIME liquid staking token, allowing regular DeFi users to access institutional-grade yields previously available only to banks and qualified investors for the first time. Alliance members include organizations such as Kamino Finance, Chainlink, Raydium, CASH, Privy, and Gauntlet, jointly promoting the application of the liquid staking token PRIME based on the Hastra protocol on Solana.
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Figure establishes RWA Alliance, expanding average monthly $1 billion on-chain loans to Solana
Mars Finance reported, according to official announcements, that the lending protocol Figure (( NASDAQ code: FIGR )) has announced the establishment of the RWA Alliance, expanding its monthly on-chain lending business of over $1 billion to Solana. The alliance aims to promote the PRIME liquid staking token, allowing regular DeFi users to access institutional-grade yields previously available only to banks and qualified investors for the first time. Alliance members include organizations such as Kamino Finance, Chainlink, Raydium, CASH, Privy, and Gauntlet, jointly promoting the application of the liquid staking token PRIME based on the Hastra protocol on Solana.