Keel Unveils $500 Million Initiative to Grow Solana's On-Chain Real-World Asset Market

Keel's New Initiative: Keel has launched a $500 million program to enhance real-world asset (RWA) activity on Solana, introduced during the Solana Breakpoint in Abu Dhabi, aiming to boost liquidity and attract institutional issuers.

Tokenization Regatta: The initiative features a structured request-for-proposal system to direct capital towards selected tokenized assets, with the goal of improving price discovery and building confidence in asset issuance.

Institutional Interest: Over 40 institutions have expressed interest in participating, highlighting a demand for efficient settlement layers and addressing the funding gap between emerging issuers and large asset buyers.

Long-Term Roadmap: The Regatta is part of a broader strategy to invest up to $2.5 billion in tokenized markets on Solana, with applications for the first season opening on December 11, and submissions evaluated by a committee based on token design and liquidity.