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Tokenized stock STRC becomes Strategy's DeFi distribution channel
Techub News reports that, according to Delphi Digital, the tokenized stock project STRC is becoming Strategy’s DeFi distribution channel. The wrapper ecosystem has converted its 11.5% dividend into on-chain USD yields, with Apyx and Saturn packaging STRC into USD-denominated products, xStocks providing on-chain preferred stock services, and Pendle and Morpho further expanding related yield scenarios. STRC is a tokenized version of Strategy (formerly MicroStrategy) stock, belonging to the RWA (Real World Asset) sector. Strategy, founded by Michael Saylor, is one of the publicly traded companies holding the most Bitcoin globally. By bringing traditional stock dividends into the DeFi ecosystem, STRC allows users to earn dividend yields from traditional financial assets on-chain.