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Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors

Crypto-friendly bank Meld plans to soon offer lending and borrowing against tokenized real-world assets (RWAs) to retail investors, which could allow them to "ape more into bitcoin." The bank, which is in partnership with the layer-1 blockchain of the same name, has signed a memorandum of understanding with decentralized finance (DeFi) platform Swarm Markets, a spokesperson told CoinDesk via email. Swarm, which is licensed in Germany by financial regulator BaFin, started a permissionless RWA trading platform last December. Meld is using Swarm's platform as a means of offering on-chain lending and borrowing for these assets.

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