Securitize launches sToken to enhance liquidity for tokenized RWAs

Security token platform Securitize has launched "sToken," a new token architecture based on Ethereum's ERC-4626 standard, The Block reported. Institutional investors holding tokenized real-world assets (RWAs) such as BlackRock's BUIDL token can convert them into Elixir’s decentralized dollar, deUSD, for use in decentralized finance (DeFi) without losing yield.