Allfunds, a European wealth technology company, is connecting monetization funds to Solana to facilitate the further integration of traditional fund products into the chain distribution system. The company stated that its management assets exceeded 1.8 trillion euros and that, upon completion of the cooperation, it was expected that the Solana ecology would connect more than 3300 asset management agencies.
Project Harmonia to land.
This cooperation was incorporated into Project Harmonia. The project is based on an open-ended programme with the objective of bringing more institutional-level financial products into the chain. Allfunds provides a monetization fund and Solana provides a chain distribution and liquidity infrastructure.
Rubén Nieto, Head of the Allfunds Block Chain Operations, stated that, through Solana, monetized products could move from the pilot phase to wider commercial applications, while allowing traditional management institutions to access Web3 liquidity without altering existing processes.
ioBuilders and Particula
The access was provided with technical support from the ioBuilders-based Asseto platform, which links Allfunds products to the chain environment. Future eligible products will also be assessed by the digital asset rating and risk monitoring agency Particula.
Ben Brophy, Head of Growth of European Institutions, Solana Foundation, stated that this cooperation combines the size of the European Heritage Foundation industry with the chain infrastructure of Solana, and that as more funds go up, institutional distribution and decentrized mobility are being linked within the same system.
Solana RWA's active continues to rise.
As this partnership landed, Solana's RWA market also expanded. According to RWA.xyz data, Solana currently has 2111 RWA assets, with more than 290,000 wallets holding monetized assets, and is in the lead on the types of assets and number of participating addresses.
The article also mentioned that, after the $SPCX IPO, Solana ' s up-to-date monetized stock transactions and RWA holders had risen to new levels. In addition to funds and equities, the collection class RWA transactions are also growing. The Dune data show that the trade card-related application was over $55 million last week.
From tokenization funds, stocks to trading cards and rare whiskey, Solana is expanding the RWA asset coverage on the chain. For Solana, such institutional cooperation has helped to attract more traditional financial products and users to the chain market.