Aave Labs Launches Horizon Platform for Institutional Borrowers Using Tokenized Assets
Aave Labs has introduced Horizon, a platform for institutional borrowers to access stablecoins using tokenized real-world assets (RWAs) like U.S. Treasuries as collateral.
- Institutions can borrow Circle's USDC, Ripple's RLUSD, and Aave’s GHO against various tokenized assets.
- Assets include Superstate’s short-duration U.S. Treasury, Circle’s yield fund, and Centrifuge’s Janus Henderson products.
- The platform aims to provide qualified investors with short-term financing on RWA holdings and allow deployment of yield strategies.
- Horizon is designed to tap into the $26 billion tokenized asset market, projected to grow significantly as traditional instruments are tokenized.
- The protocol operates on Aave V3, which holds over $66 billion in assets, making it the largest decentralized lending protocol.
- Features include both permissioned and permissionless aspects, with compliance checks on collateral tokens while maintaining open lending pools.
- Chainlink’s oracle services will supply real-time pricing data to ensure loans are properly collateralized.
- Launch partners include Ethena, OpenEden, Securitize, VanEck, Hamilton Lane, and WisdomTree, with plans to expand collateral offerings.
