R3 Embraces Solana for Institutional Asset Tokenization

R3 has partnered with Solana to bring institutional assets onto the public blockchain, marking a significant shift in asset tokenization strategies. This move leverages Solana’s speed and security, expected to significantly increase its Total Value Locked (TVL). The R3 network, which boasts clients like HSBC and Bank of America, is transitioning from private blockchains to this public platform for enhanced efficiency and wider market reach.