Hamilton, a startup focused on real-world asset (RWA) tokenization, announces the tokenization of the first US Treasury bills on Bitcoin Layer 2 solutions: Stacks, Core, and BoB marking a significant step in bridging traditional finance with the Bitcoin ecosystem.
The first transaction kicked off on America’s Independence Day—a symbolic timing underscoring the project’s goal of ushering in a new era of financial freedom. Hamilton aims to democratize access to stable, government-backed assets by making traditional financial instruments like Treasury bills more accessible and tradable within Bitcoin decentralized finance (DeFi) ecosystems.
This initiative comes amid growing interest in RWA tokenization from both crypto firms and traditional financial institutions. According to Boston Consulting Group, the RWA market is projected to reach $16 trillion by 2030, highlighting the potential impact of such innovations.
Combining US Treasury bills with Bitcoin’s security and transparency marks a historic step towards financial independence, providing crucial exposure to emerging markets,” said Kasstawi, CEO & Co-founder of Hamilton.
Real-world assets (RWA) encompass many tangible assets such as bonds, real estate, funds, and debt. Tokenizing these assets on Bitcoin enhances transparency, liquidity, security, and accessibility while reducing costs and transaction times. According to BCG, RWA is projected to be a $16 trillion-dollar market by 2030.
The tokenized Treasury bills will be available on three prominent Bitcoin Layer 2 solutions: Stacks, Core, and BoB (Build on Bitcoin). These platforms aim to enhance Bitcoin’s scalability and functionality, enabling Hamilton to offer flexible, fast, and cost-effective tokenized RWAs while leveraging Bitcoin’s renowned security. Tokenization increases transparency, liquidity, and accessibility while reducing costs and transaction times.
Industry leaders have expressed enthusiasm for the project. Brendon Sedo, an initial contributor to Core DAO, said, “Seeing US Treasury bills tokenized on the Core Chain is a significant milestone. By leveraging Bitcoin’s security and the scalability of Core, we are helping bridge the gap between traditional finance and Web3.”
Emphasizing the potential of Bitcoin and Ethereum’s strengths, Alexei Zamyatin, Co-founder of BoB, said, “Tokenizing US Treasury bills on BoB leverages the combined power of Bitcoin and Ethereum to drive financial innovation and liquidity.”
Real-world asset tokenization involves creating digital representations of tangible assets like bonds, real estate, and debt on blockchain networks. Once tokenized, these assets can be swapped, transferred, and leveraged in DeFi ecosystems, creating new opportunities and liquidity between traditional and crypto assets.
Hamilton integrates traditional finance with decentralized finance, advancing the crypto sector’s mission to democratize financial opportunities and enhance inclusivity in financial systems. The tokenized Treasury bills are expected to be available soon on Hamilton’s platform, potentially opening new avenues for financial innovation and inclusivity in the rapidly evolving landscape of digital assets.
About Hamilton
Hamilton is the first RWA protocol on Bitcoin dedicated to integrating traditional financial instruments with Bitcoin’s security and transparency.
For more information, users can visit hamiltonrwa.com.
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