Coinspeaker
Circle Acquires Hashnote to Boost Tokenized RWA Ecosystem
The relationship between traditional finance and blockchain technology has intensified recently. Amid this, Circle, the issuer of the stablecoin
USDC
$1.00
24h volatility:
0.0%
Market cap:
$48.51 B
Vol. 24h:
$12.99 B
, has announced the acquisition of popular tokenized real-world asset (RWA) issuer Hashnote, and its tokenized money market fund.
Hashnote, based in Chicago, has made a name for itself as the issuer of the $1.3 billion US Yield Coin , which has emerged as the largest tokenized U.S. Treasury product in the market. Backed by DRW Holdings, a prominent trading firm, and Cumberland, a leading institutional crypto liquidity provider, Hashnot
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