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Upshift and Superstate collaborate to launch RWA instant redemption platform Upshift Clear
ME News Report, May 14 (UTC+8), on-chain vault provider Upshift has partnered with Superstate to launch Upshift Clear, a new platform for exchanging tokenized real-world assets. The launch of Upshift Clear aims to address the so-called “settlement gap” in the tokenization space, which involves “applying traditional cross-chain capital logic on-chain.” The platform will offer a dedicated USDC vault to provide instant liquidity to RWA holders when they want to redeem, similar to a loan. When RWA holders redeem, the vault will “pre-allocate” funds. (Source: Foresight News)