- Solana Institutional
- Posts
- Solana Institutional - September 2024
Solana Institutional - September 2024
Institutional updates from Solana ecosystem
Arun Krishnakumar
October 10, 2024
Featured Headline of the Month
Ondo Finance is proud to collaborate with @BlackRock and @Securitize to have submitted the $OUSG proposal to @SkyEcosystem's (MakerDAO) Spark Tokenization Grand Prix, which aims to onboard $1B in tokenized financial assets. 🏁
🗣️ On the application, Carlos Domingo… x.com/i/web/status/1…
— Ondo Finance (@OndoFinance)
10:34 AM • Sep 24, 2024
This month, Ondo Finance collaborated with BlackRock and Securitize to submit a proposal for the SkyEcosystem (MakerDAO) Spark Tokenization Grand Prix, which aims to onboard $1B in tokenized financial assets. Additionally, Ondo Finance achieved a major milestone, with TVL on Solana surpassing $100M for the first time—marking a 100% month-over-month growth.
Ecosystem Events
The institutions are here, and they’re building on Solana.
Breakpoint highlights from Franklin Templeton, Securitize, Societe Generale FORGE, and Citi - Tweet
StakePoint by Marinade Finance was amazing!
Great vibes, knowledge drops, awesome people, and unforgettable moments!
Stake it 'til you make it!
Ecosystem Updates
Marinade: A staking solution provider on Solana with over 8M SOL TVL
Presenting Marinade's new Chief Commercial Officer - Hadley Stern.
Hadley brings a wealth of experience building digital assets capabilities and businesses at Fidelity and BNY Mellon, bolstering Marinade's ability to onboard institutions to Solana staking.
Marinade partners with Zodia Custody
Obligate: Structured products on Solana
A pivotal moment at Solana Breakpoint as we revealed Margarita.finance—bringing TradFi sophistication to DeFi innovation with structured products on-chain! Powered by Obligate and built on Solana, this is the future of finance:
Pyth: Smarter data for smarter contracts
Launching Pyth OIS - an innovation to Pyth Price Feeds that introduces enhanced data source accountability and creates a more secure DeFi ecosystem through decentralized staking rewards and slashing mechanisms for network participants.
1st oracle to have all of its 500+ price feeds now secured by the oracle own token on 75+ chains!
Parcl: Institutional grade ecosystem for real-time real estate data, analytics and liquidity
Parcl and Truflation Partner to Revolutionize Real Estate and Housing Data Access On-Chain. Truflation will be leveraging Parcl's advanced housing data API to provide users in the US and UK with accurate information on their real costs of home ownership and renting, empowering them to make informed financial decisions.
There is a vote live on the Parcl DAO to launch Dubai as the first-ever international market launched on Parcl!
Etherfuse: Institutional-grade blockchain bonds
Etherfuse dropped US Treasuries right before Solana Breakpoint, and now we’re gearing up to launch Brazilian, European Union, and British Stablebonds. Plus, we’ve joined the Tokenized Asset Coalition to push even further. We’re all about making secure, blockchain-backed investments easier to access worldwide.
Agridex - Bringing the $2.7 Trillion Agricultural Market On-Chain
This month Agridex was featured on GB news , one of Europe's main media groups, along with a range of other publications. Our CEO shared his thoughts on agridex farming and teased a tie up with ‘Clarkson's Farm’ one of Amazons most watched shows globally.
