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Yahoo
a day ago
- Business
- Yahoo
Real-world assets onchain: The next wave of institutional DeFi
Real-world assets onchain: The next wave of institutional DeFi originally appeared on TheStreet. TL;DR: DeFi lost over 75% of its liquidity after 2022, prompting funds and DAOs to seek more reliable yield sources. Zoth enables the restaking of tokenized real-world assets, such as T-Bills and ETFs, by combining off-chain interest with on-chain DeFi yield. Institutions can earn dual returns from a single asset without losing liquidity or violating compliance. ZeUSD, a stablecoin backed by staked RWAs, unlocks composability across DeFi protocols. With RWA tokenization projected to exceed $2T by 2030, Zoth is building core infrastructure for institutional DeFi. Zoth is rebuilding with stronger security partnerships, real-time AI monitoring, and governance upgrades that are setting a new bar for institutional-grade DeFi The collapse of DeFi liquidity in 2022 exposed more than just a market downturn. Total value locked dropped from $180B to under $40B, and stablecoin supply fell across the board. Yields dried up. Institutional capital didn't disappear; it pulled back because the risks no longer justified the returns. DeFi wasn't offering stable, credible income. It was offering volatility wrapped in complexity. At the same time, traditional markets offered clarity. Treasuries paid 4 to 5 percent with far less risk. Institutions didn't lose interest in blockchain. They just needed something grounded. Something with real value behind it, built to meet compliance needs, and flexible enough to fit into modern portfolios. The problem wasn't yield. It was yield without structure. DeFi relied too heavily on native token incentives and short-term lending models. As confidence fell, stablecoins like USDC, DAI, and Tether lost billions in market cap. Treasury managers and funds had nowhere safe to move capital without taking on volatility or counterparty exposure. What institutions need hasn't changed. They want stable yield with transparency. Real-world assets like tokenized T-Bills and receivables deliver that. But to unlock their full value on-chain, they need infrastructure that connects traditional returns with DeFi liquidity. Rethinking Institutional Yield Through Restaking Zoth is building the infrastructure layer for institutions to unlock real-world yield within DeFi. It was designed for a new kind of allocator, one that expects regulatory clarity, capital efficiency, and stability from on-chain assets. Traditional DeFi lending relied on overcollateralization and token-based rewards. That model worked in a speculative cycle but breaks down under institutional standards. It lacks predictability and cannot scale across regulated portfolios. Zoth takes a different approach. It starts with tokenized real-world assets like Treasury bills, ETFs, or receivables issued through compliant custodians. These assets generate off-chain yield as they would in traditional markets; that's the first layer. But Zoth allows these same assets to be restaked within DeFi protocols, unlocking an additional layer of returns from lending markets, staking programs, or liquidity strategies. To make this composable, Zoth introduces ZeUSD, a stablecoin backed by restaked real-world assets. Users can mint ZeUSD without giving up exposure to the original yield source. It functions across DeFi, creating a liquid bridge between regulated collateral and programmable capital. The result is a dual-yield structure. While staking traditional stablecoins might offer 1 to 2 percent returns, Zoth's restaked positions often generate between 7 and 9 percent by combining off-chain interest with on-chain rewards. What Makes Zoth's Model Work Zoth isn't just a technical upgrade; it's a structural rethink of how real-world assets interact with DeFi. The platform applies institutional finance principles to an on-chain environment without compromising the composability that defines crypto infrastructure. At the asset layer, Zoth works with trusted tokenization partners who issue regulated, real-world collateral. These assets meet compliance and custody standards and are validated both on-chain and through legal agreements. That dual structure solves a key blocker for institutions: trust in asset provenance and recoverability. At the protocol layer, Zoth's staking system is built for interoperability. Its stablecoin, ZeUSD, acts as a cross-chain asset backed by staked real-world instruments. Unlike stablecoins that rely on market pricing or liquidity incentives, ZeUSD is anchored in income-producing collateral. This system allows institutions to unlock yield across multiple layers while maintaining liquidity, auditability, and control. It's capital that performs without being locked or exposed to unstable reward mechanisms. Solving Fragmentation and Regulation Zoth tackles two of the most persistent barriers to institutional DeFi participation: fragmented liquidity and regulatory uncertainty. DeFi has long suffered from siloed infrastructure. Assets locked in one protocol often cannot be used elsewhere without unwinding positions. This makes capital inefficient and limits yield opportunities. Zoth addresses this with ZeUSD, a stablecoin that enables tokenized real-world assets to move fluidly across DeFi platforms. Whether used for lending, liquidity provisioning, or credit markets, ZeUSD maintains access to underlying yield while freeing up composable liquidity. On the regulatory front, Zoth is built to meet the standards that institutional capital requires. It aligns with frameworks such as MiCA and Basel III by ensuring each RWA on the platform has clear legal ownership, compliant custodianship, and transparent reporting structures. These design choices make it possible for hedge funds, DAOs with legal entities, and asset managers to deploy capital on-chain without triggering regulatory red flags. By solving for both compliance and composability, Zoth removes two of the largest structural frictions preventing real-world capital from entering DeFi. The RWA Market Is Scaling The market for tokenized real-world assets is no longer theoretical. Over eight billion dollars worth of assets have already been issued on-chain. These include Treasury bills, investment-grade credit, real estate debt, and even carbon offsets. Analysts project that this number will grow beyond $2T by 2030, driven by institutional demand for transparent, liquid, and programmable yield instruments. Major players are already building. BlackRock launched a tokenized Treasury fund with direct access to on-chain settlement. JPMorgan's Onyx network processes tokenized repo trades and cross-border transactions between global banks. Franklin Templeton and WisdomTree are managing real-time tokenized portfolios with daily net asset value reporting on public blockchains. What was once an idea is now an active migration. Capital markets infrastructure is being rebuilt with programmable assets and real-world financial primitives. Zoth is positioning itself within this change not just as a tokenization wrapper, but as a restaking engine that makes these assets productive across multiple layers of DeFi. Expanding the RWA Stack: Zoth's Roadmap Zoth is adding support for more asset types beyond short-term Treasuries, including corporate credit, commercial loans, real estate, and private equity. These assets differ in how they are structured, valued, and settled. To support them, the infrastructure needs to account for different data sources, custody models, and time horizons. ZeUSD is being integrated into treasury management systems, lending protocols, and staking platforms. This allows institutions to use a stable unit of account across DeFi without needing to unwind their real-world positions. That becomes more useful when the underlying assets are less liquid or have longer lock-up periods. On the security side, Zoth has introduced automated monitoring to track protocol-level behavior in real time. It has also completed independent audits, published a bug bounty, and open-sourced parts of the stack. These measures help reduce the operational overhead for institutions that need audit trails and internal review processes. The team is also adapting the system to work within regional regulatory frameworks. This includes changes to how asset ownership is recorded, how custody is handled, and how stablecoin mechanics are disclosed. These adjustments are necessary for working with counterparties who have legal or reporting obligations. DAOs and Hedge Funds are Already Participating Zoth is already being used by institutional players. Hedge funds are deploying tokenized Treasury bills through the platform to earn dual yield while remaining fully compliant. DAOs are converting idle USDC into ZeUSD to access yield strategies without giving up liquidity. For treasury managers, ZeUSD offers composability across protocols. It can be lent on platforms like Morpho or Clearpool, used in automated vaults, or paired in liquidity pools. Throughout this process, the underlying real-world assets remain intact and continue generating primary yield. This dual yield structure is proving to be one of the first practical alternatives to simply holding stablecoins. Institutions no longer have to choose between yield and security. With Zoth, they can have both. The Team behind Zoth Co-founder and CEO Pritam Dutta brings 15+ years of experience from Unilever and AB InBev, where he led the Digital Ventures unit. There, he launched fintech and Web3 initiatives, generating $275M in revenue and $12M in gross profit in 2021. He spearheaded Budweiser's NFT launch, selling $50M worth in under four hours. Pritam also founded Eagle10 Ventures, backing 25+ companies with two exits. His earlier food-tech startup, Pasto, was acquired by Ghost Kitchens after reaching $1M in annual sales. Co-founder and CTO Koushik Bhargav Muthe is a blockchain researcher and ETH Scholar with experience at UC Berkeley, NTU Singapore, and ASTAR IHPC. A winner of 15+ global hackathons, including ETHDenver, he previously led Web3 initiatives at AB InBev's ZTech division. Koushik's work bridges academic research and protocol development, with multiple publications in peer-reviewed journals. Conclusion: Real Yield Is the Future of DeFi As DAOs, funds, and asset managers rethink how they allocate capital on-chain, Zoth offers the infrastructure to do it with accountability and scale. The next wave of yield will come from systems built to handle real assets, not just native ones. Zoth combines real-world yield with on-chain utility. Its restaking model turns static collateral into productive capital. ZeUSD enables participation across protocols without sacrificing regulatory standards or asset stability. If you're allocating in DeFi or designing around tokenized assets, it's time to look at where real yield is coming from. Check Zoth's technical documentation for a more in-depth look at their system. Real-world assets onchain: The next wave of institutional DeFi first appeared on TheStreet on Jul 22, 2025 This story was originally reported by TheStreet on Jul 22, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India.com
17-07-2025
- Business
- India.com
Anil Ambani preparing for a comeback? Reliance Power board approves fundraising plan worth Rs..... through...
Anil Ambani, once India's industrial titan, is now taking big steps to revive his primary company, Reliance Power. On Wednesday, Reliance Power approved an ambitious plan to raise Rs 6,000 crore, signalling the Anil Ambani group's intent to revive its energy business. What is the total amount Reliance Power aims to raise through this plan? According to a Mint report, the power company plans to raise Rs 6,000 crore through either a Qualified Institutional Placement (QIP), a Follow-on Public Offer (FPO), or a combination of QIP and FPO. Moreover, it is also planning on issuing either secured or unsecured, redeemable, non-convertible debentures (NCDs) amounting to Rs 3,000 crore. In an exchange filing on Wednesday, Reliance Power stated, 'We hereby inform you that the Board of Directors, at its meeting held today, i.e., Wednesday, July 16, 2025, has, inter alia, approved seeking enabling authorization from the members for raising funds up to ₹ 6,000 crore through the issuance of equity shares and/or equity linked instruments and/or other eligible securities to qualified institutional buyers by way of a Qualified Institutions Placement and /or follow on public offer or a combination thereof.' It further reads, 'issuance of secured/unsecured, redeemable, non-convertible debentures up to ₹3,000 crore, in one or more tranches/series, on a private placement basis or otherwise.' Who is behind Reliance Power's latest fundraising plan? In addition, the company plans to issue secured or unsecured, redeemable, non-convertible debentures (NCDs) of up to Rs 3,000 crore in one or more tranches. The NCDs can be issued through private placement or other means. The detailed terms and conditions will be finalized later, upon shareholder approval. 'Details and terms of issue of the said securities will be determined by the Board in terms of the approval of the shareholders at an appropriate time,' it added. Following the announcement, Reliance Power's shares fell by 4.80% to close at Rs 49.59. However, market experts said this fundraising plan is very important for restoring the financials of Reliance Power. Having faced difficulties regarding levels of loans and other financial obligations recently, Reliance Power will apply this new capital to firm up its operations and accelerate its growth intentions in the future. The Anil Ambani Group is attempting to make real progress in reviving many of its businesses. The Rs 6,000 crore fundraising plan will effectively bolster the company's cash flow and also increase optimism that Anil Ambani is about to take center stage again as a CEO. The company is no longer going backward. Clearly, the capital infusion will assist Reliance Power in advancing to the next level, and to see whether it can reestablish its power in India's energy sector.
Business Upturn
16-07-2025
- Business
- Business Upturn
LIC likely to anchor SBI's Rs 25,000 crore QIP with Rs 7,000 crore bid as bank launches fundraise today: Report
State Bank of India (SBI) is set to launch a massive ₹25,000 crore Qualified Institutional Placement (QIP) on July 16, marking its first equity fundraising through this route since 2017, according to CNBC-TV18. Sources say that Life Insurance Corporation of India (LIC) is likely to play the role of anchor investor, with a potential bid of ₹7,000 crore, making it the largest participant in the issue. The QIP pricing is expected to be set in the range of ₹790–800 per share, which may include a small discount to the current market price. Strong demand is also reportedly seen from domestic mutual funds. The funds raised through this QIP are aimed at supporting SBI's loan growth, strengthening its balance sheet, and meeting regulatory capital requirements. The move comes as the lender, majority owned by the Government of India, continues to expand its credit portfolio. SBI has appointed six investment banks to manage the transaction, including Citigroup India, HSBC India, ICICI Securities, Kotak Investment Banking, Morgan Stanley India, and SBI Capital Markets. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. The author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Mint
10-07-2025
- Business
- Mint
Penny stock under Re 1 hits upper circuit after ₹200 crore fundraise move via QIP
Penny stock under ₹ 1, GACM Technologies, hit the 5% upper circuit on Thursday, July 10, after the company board at its meeting a day ago approved raising ₹ 200 crore via a qualified institutional placement (QIP). Additionally, the penny stock's board approved its financial results for the June 2025 quarter of the ongoing fiscal year (Q1 FY26). GACM Technologies' share price opened at ₹ 0.83 apiece, slightly lower than its last close of ₹ 0.85, but soon touched the intraday high of ₹ 0.89, which is also its 5% upper price band. GACM Technologies in an exchange filing dated July 9 said that the board approved raising of funds by way of issuance of such number of equity shares having a face value of ₹ 1 each of the company and/or other eligible securities for an aggregate amount not exceeding ₹ 200 crore or an equivalent amount thereof by way of Qualified Institutional Placement in accordance with the applicable laws, in one or more tranches. The penny stock under ₹ 1 added that the said ₹ 200 crore QIP issue is subject to the approval of the members of the company at the ensuing Annual General Meeting (AGM)/.
Economic Times
09-07-2025
- Business
- Economic Times
Travel Food Services IPO subscribed 27% on day 3; check GMP, and other details
Live Events About Travel Food Services IPO About the company Travel Food Services financials (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The initial public offering (IPO) of Travel Food Services received a muted response from investors, with the issue subscribed 27% as of 10:09 am on Wednesday, July 9 — the third and final day of IPO received bids for 35.7 lakh shares against 1.34 crore shares on offer. The retail portion was subscribed 31%, while non-institutional investors (NIIs) bid for 28%. The Qualified Institutional Buyers (QIBs) segment saw 19% subscription. The employee quota was subscribed 80%.In the unlisted market, shares of Travel Food Services were trading at a grey market premium (GMP) of Rs 8–9, indicating a modest potential listing gain of about 1% over the upper end of the price of the IPO, the company raised Rs 599 crore from anchor investors by allotting 54,43,635 equity shares at Rs 1,100 apiece on Friday, July investors included ICICI Prudential Mutual Fund, Abu Dhabi Investment Authority, Axis Mutual Fund, Kotak Mutual Fund, HDFC Life Insurance , Fidelity, SBI General Insurance, and Tata AIA Life Insurance, among company has set the price band for the IPO at Rs 1,045 to Rs 1,100 per share. The issue is a 100% offer for sale (OFS), with no fresh equity being can place bids for a minimum of 13 equity shares and in multiples of 13 per the offer structure, 50% of the issue is reserved for Qualified Institutional Buyers (QIBs), 35% for retail investors , and 15% for Non-Institutional Investors (NIIs).Promoted by UK-based SSP Group plc and the Kapur Family Trust, Travel Food Services operates India's largest airport food and lounge network, with 413 outlets, of which 384 are located at airports across 14 Indian cities. It also runs 37 airport lounges, including 28 private ones, making it the largest lounge operator in company also operates internationally at three airports—two in Malaysia and one in Hong FY25, Travel Food Services reported a 27.4% year-on-year rise in profit to Rs 379.7 crore, while revenue grew 20.9% to Rs 1,687.7 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
