Asset World’s new Thai Real Estate Investment Trust aims to raise at least $1 billion through a listing as it seeks funds to expand its hotel and commercial property business, according to a senior executive

Asseto is bringing institutional-grade real-world assets to the most DeFi-native fixed-income market on-chain. NGI+, powered by Asseto's tokenization infrastructure, is now live and tradable on @pendle_fi. NGI+ is an on-chain token backed by interests in a private infrastructure equity fund, linked to the NAV performance of the Partners Group Next Generation Infrastructure strategy. Its yield comes from the operation of essential infrastructure, data centers, power grids, clean energy and transport, driven by real cash flows from the underlying assets. Taking an asset this complex on-chain is exactly what Asseto is built for. From the legal wrapper to smart contracts, from on-chain records to NAV updates, Asseto provides the full-stack infrastructure that makes a private-market strategy tradable on-chain. On Pendle, NGI+ can now be separated into Principal (PT) and Yield (YT) tokens and traded independently. Lock in fixed yield through PT, or take yield exposure through YT. A return stream once reserved for institutions becomes a composable building block that DeFi can price, trade and build around, subject to the applicable eligibility requirements. This is the RWA thesis, delivered. Live now on Ethereum mainnet. Full breakdown 👇

Asset managers reached an all-time high of $207B (+20% YoY) in gross notional open interest in August. This growth reflects a continued shift of large-scale risk into our deeply liquid, capital-efficient markets.

Assets are moving onchain to gain utility. If 1% of the $88T global regulated open-end fund market moved onchain, that would be an ~$880B market, 26x today’s RWA market. @kamino shows why assets are moving onchain: to be put to work. Read how: