RWA redemptions finally no longer require a six-month wait, market makers instantly turn into USDC. This design is quite clever.

Supported by Paradigm, Pantera Capital, and Coinbase Ventures, the crypto infrastructure company Symbiotic has launched Liquid Lane, aiming to address the long redemption cycles of RWA products such as tokenized funds and private credit. Symbiotic stated that while some tokenized assets can be transferred on-chain instantly, redeeming cash from issuers may still take weeks or even up to 180 days. Liquid Lane will send exit requests to verified market makers through an inquiry system, with the winning bidder immediately paying USDC to investors and receiving the corresponding tokenized assets, while the issuer completes settlement in the background. (CoinDesk)