We’re pleased to announce that Fortunafi will deploy native Treasury Bills on Canto. The partnership will leverage Canto’s Free Public Infrastructure (FPI) to bring Real World Assets (RWAs) onchain.
Fortunafi is a leading onchain financial institution spearheading advancements in the Real World Assets (RWA) sector. Through key partnerships and integrations – including collaborations with Decentralized Finance projects like Centrifuge, Maker, Aave, and now Canto – Fortunafi delivers the tokenization of RWAs onchain to bring DeFi-structured yield products, alternative lending, and all-in-one liquidity solutions to financial institutions, startups, and investors. In contrast to traditional capital markets and securitizations, Fortunafi eliminates rent-seeking capital market participants and verticalizes the entire process from asset creation to the final onchain tokenization. Fortunafi's underlying full-stack RWA infrastructure was designed to support native minting and redemption of RWAs across various Layer-1 and Layer-2 blockchains.
"Fortunafi was founded in 2020 on the belief that the path to scaling DeFi is through integrating high-quality public and private debt assets (RWAs) into decentralized public networks and decentralized stablecoin protocols. We are thrilled to launch RWAs natively on Canto and support Canto in their next stage of growth!" said Nick Garcia, founder and CEO of Fortunafi.
As an institution of financial experts that champions DeFi and Free Public Infrastructure, Fortunafi's collaboration with Canto is a natural fit.
Canto is a Layer-1 blockchain built with the Cosmos SDK that offers an EVM execution layer and core financial primitives, including a decentralized exchange, lending market, and unit of account (NOTE). Canto presents the radical notion that DeFi primitives should exist as Free Public Infrastructure (FPI), or free-to-use public utility protocols. Development is stewarded by the Canto Commons, an open and permissionless framework for coordinating around a decentralized public protocol.