BlockBeats News, December 11th, according to CoinDesk's report, Keel, an on-chain capital allocation platform focused on the Solana Sky ecosystem, has launched a $500 million investment plan. This plan, named the "Tokenization Regatta," aims to attract asset tokenizers through a competitive process. Selected projects will receive direct funding and support to issue risk-weighted assets (RWA) on the Solana platform, such as debt, credit, or funds. Over 40 institutions have already expressed interest in participating. The first phase of applications will open on Thursday, offering two pathways: one for issuers preparing to deploy by early 2026 and another for issuers still building infrastructure.
Keel is an independent organization within the Sky ecosystem (formerly known as MakerDAO), funded by Sky's $6 billion decentralized stablecoin USDS. Keel's mission is to invest in income-generating assets and return the proceeds to Sky and USDS token holders.
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