• Aave Labs has developed the Horizon service for lending to institutional players.

  • They can take loans in stablecoins backed by tokenized assets.

  • Among the available products are Superstate, Circle, and Centrifuge.

The DeFi lender t-10 Labs has introduced a new platform, Horizon, which allows institutional investors to take loans in stablecoins backed by tokenized real assets (t-12), such as U.S. Treasury bonds. This was reported by CoinDesk.

At launch, Horizon supports borrowing Circle’s c-24, Ripple’s RLUSD, and Aave’s GHO. Tokenized funds are available as collateral, including the Superstate short-term funds with U.S. Treasury bonds and cryptocurrencies, Circle's yield fund, and Janus Henderson products, tokenized through Centrifuge.

The platform is focused on providing qualified investors with short-term financing for their RWA holdings and creating opportunities to apply profitable strategies.

According to Aave Labs founder Stani Kulechov:

"Horizon provides the infrastructure and deep liquidity of stablecoins necessary for institutions to operate on-chain, ensuring 24/7 access, transparency, and more efficient markets."

The solution is built on Aave V3 - the largest decentralized lending protocol, which currently manages nearly $40 billion in assets, according to DefiLlama data at the time of writing.

A feature of Horizon is the combination of a closed and open model: collateral tokens contain compliance checks at the issuer level, while liquidity pools remain open and compatible.

To update data on collateral values, Chainlink uses its oracle services, particularly NAVLink, which provides the net asset value of tokenized funds directly on the blockchain.

Asset issuers including Ethena, OpenEden, Securitize, VanEck, Hamilton Lane, and WisdomTree joined at launch. Plans are in place to expand the list of available tokenized collateral.

According to analysts, the market for tokenized assets has already exceeded $270 billion, and in the coming years could grow to several trillion dollars, particularly the tokenized real estate market could grow to $4 trillion by 2035.

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