Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Sky's Keel Starts $500M Investment Campaign
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Sky's Keel Starts $500M Investment Campaign
Sky's Keel Starts $500M Investment Campaign to Boost RWAs on Solana
Sky's Keel Starts $500M Investment Campaign to Boost RWAs on Solana
The Tokenization Regatta aims to allocate funds and support to projects bringing tokenized real-world assets to the Solana network.
By Krisztian Sandor|Edited by Cheyenne Ligon
Dec 11, 2025, 12:00 p.m.
Solana (CoinDesk)
What to know:
- Keel has launched a $500 million campaign to attract real-world assets (RWAs) to the Solana network.
- The initiative, called the Tokenization Regatta, offers capital allocation and support to selected projects issuing tokenized assets on Solana.
- More than 40 institutions have shown interest, Keel contributor Cian Breathnach said.
Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$130.89, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance.
The initiative, dubbed the "Tokenization Regatta" and announced at Solana Breakpoint in Abu Dhabi, aims to appeal to tokenized asset issuers through a competitive process, Keel said in a press release shared with CoinDesk. Selected projects will receive direct funding and support for issuing RWAs such as debt, credit or funds on Solana.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Cian Breathnach, a contributor to Keel, said more than 40 institutions have already expressed interest.
"There is a great appetite for asset issuers to deploy on Solana, but what’s been missing is the buy side at a scale that makes that compelling from a business perspective," he said. "With the Regatta, we’re solving that pain point for issuers, and, in the process, unlocking a new wave of tokenized assets for the Solana ecosystem."
Keel operates as an independent organization within the Sky ecosystem, formerly known as MakerDAO, using reserves from Sky’s $6 billion decentralized stablecoin, USDS. Its mission is to allocate into assets that generate yield, channeling the proceeds back to Sky and USDS token holders. The $500 million in available allocations is part of Keel’s broader roadmap to channel up to $2.5 billion into Solana-based tokenized finance.
Keel's Regatta mirrors a similar effort by DeFi lender Spark, another Sky member, which invested $1 billion from Sky's reserves in tokenized assets earlier this year.
Applications for the first phase open on Thursday, with two tracks available: one for issuers ready to deploy in early 2026 and another for those still building infrastructure.
A judging panel from Keel, Sky’s Risk Council and Kinetica Research will evaluate entries based on quality of tokenization, yield potential and liquidity.
Solana NewsReal World Assets Exclusive
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Marketnode, Lion Global Bring Singapore-Vaulted Gold Fund Onchain on Solana
The fund offers exposure to physical gold bars vaulted and insured in Singapore, with traditional custody and an option for in-kind redemption.
What to know:
- Marketnode and Lion Global Investors are bringing the LionGlobal Singapore Physical Gold Fund onchain on Solana, allowing investors to buy and redeem gold-backed units onchain.
- The fund offers exposure to physical gold bars vaulted and insured in Singapore, with traditional custody and an option for in-kind redemption.
- The tokenized gold market is growing, with a market capitalization over $4.1 billion, and follows recent launches of similar products, including Bhutan's sovereign-backed gold token and Kyrgyzstan's gold-backed stablecoin.
Read full story
Latest Crypto News
$500M Flows MIA for Month: Crypto Daybook Americas
Marketnode, Lion Global Bring Singapore-Vaulted Gold Fund Onchain on Solana
Revolut and Trust Wallet Launch Instant Crypto Buys in EU With Self-Custody Focus
Crypto Markets Today: Traders Seek Catalysts After Bitcoin’s Post-Fed Pullback
UK Bitcoin Company Satsuma Sells 579 of Its 1,199 Bitcoin for $53.2 Million
BTC, Nasdaq Futures Drop as Oracle Earnings Revive AI Bubble Fears
Top Stories
U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
Why is Bitcoin Trading Lower Today?
Ether, Dogecoin, Solana Slide as Bitcoin Fails to Sustain Early-Week Breakout
Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
Federal Reserve Cuts Rates 25 Basis Points, With Two Members Voting for Steady Policy
Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
Market Opportunity
Sky Protocol Price(SKY)
$0.06863
$0.06863$0.06863
USD
Sky Protocol (SKY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
What Does Market Cap Really Mean in Crypto — and Why Australians Care
Introduction: What Does Market Cap Mean in Cryptocurrency Ridgewell Tradebit is an automated cryptocurrency trading platform that helps users better understand
Share
Techbullion2026/02/09 23:34
Taiko Makes Chainlink Data Streams Its Official Oracle
The post Taiko Makes Chainlink Data Streams Its Official Oracle appeared on BitcoinEthereumNews.com. Key Notes Taiko has officially integrated Chainlink Data Streams for its Layer 2 network. The integration provides developers with high-speed market data to build advanced DeFi applications. The move aims to improve security and attract institutional adoption by using Chainlink’s established infrastructure. Taiko, an Ethereum-based ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B Layer 2 rollup, has announced the integration of Chainlink LINK $23.26 24h volatility: 1.7% Market cap: $15.75 B Vol. 24h: $787.15 M Data Streams. The development comes as the underlying Ethereum network continues to see significant on-chain activity, including large sales from ETH whales. The partnership establishes Chainlink as the official oracle infrastructure for the network. It is designed to provide developers on the Taiko platform with reliable and high-speed market data, essential for building a wide range of decentralized finance (DeFi) applications, from complex derivatives platforms to more niche projects involving unique token governance models. According to the project’s official announcement on Sept. 17, the integration enables the creation of more advanced on-chain products that require high-quality, tamper-proof data to function securely. Taiko operates as a “based rollup,” which means it leverages Ethereum validators for transaction sequencing for strong decentralization. Boosting DeFi and Institutional Interest Oracles are fundamental services in the blockchain industry. They act as secure bridges that feed external, off-chain information to on-chain smart contracts. DeFi protocols, in particular, rely on oracles for accurate, real-time price feeds. Taiko leadership stated that using Chainlink’s infrastructure aligns with its goals. The team hopes the partnership will help attract institutional crypto investment and support the development of real-world applications, a goal that aligns with Chainlink’s broader mission to bring global data on-chain. Integrating real-world economic information is part of a broader industry trend. Just last week, Chainlink partnered with the Sei…
Share
BitcoinEthereumNews2025/09/18 03:34
MicroStrategy Bought Another 1.142 BTC: Total 714K BTC
The post MicroStrategy Bought Another 1.142 BTC: Total 714K BTC appeared on BitcoinEthereumNews.com. MicroStrategy Continues BTC Purchases MicroStrategy, the world
Share
BitcoinEthereumNews2026/02/09 23:06