Wu Dao learned that Raydium, a decentralized exchange platform in the Solana ecosystem, announced the launch of a permissioned automatic market maker (Permissioned AMM). It allows issuers of regulated assets and assets that require KYC to establish an on-chain secondary market on Solana. Issuers can manage an approved participants whitelist, and only approved wallets can trade. SEC-registered transfer agent Superstate became the first integrated partner. The tokenized stocks issued on its Opening Bell platform can obtain on-chain liquidity through Raydium Permissioned Pools, while continuing to enforce KYC and transfer restrictions during trading.

SOL-0.37%
RAY0.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
KDJTriple
· 07-24 09:25
The combination of regulation and on-chain liquidity has finally taken shape. Superstate’s tokenized stocks are getting access to the secondary market via Raydium—retaining KYC while also benefiting from DeFi’s transparency and efficiency. This could be a key step in the RWA boom. However, the whitelist/entry-list mechanism may reduce liquidity depth, so we’ll see how the next steps balance it.
View OriginalReply0
DojiStar
· 07-24 09:25
Permissioned AMM brings KYC and compliance on-chain, which is very appealing for traditional institutions to enter, and Solana’s performance is also sufficient.
View OriginalReply0
KellyCriterion
· 07-24 09:25
RWA compliance is a trend, and this direction is very pragmatic.
View OriginalReply0
  • Pinned