1inch Reveals RWA Support, New Integrations & DeFi Growth

What to Know

  • 1inch unlocks tokenized RWAs with the Swap API upgrade and now supports real-world assets like bonds and treasuries, making them as easy to trade as crypto.

  • Barter, THORWallet, OKX Wallet, and Trust Wallet all joined 1inch’s growing DeFi ecosystem.

  • 1inch joined the Blockchain Association, gaining a voice in shaping future crypto regulations.

1inch just had one of its biggest months yet. The project announced today, that September was HUGE for 1inch and it’s easy to see why. From supporting tokenized RWAs to welcoming new partners and integrations, 1inch is setting the stage for a more connected and powerful DeFi ecosystem.

Support for Tokenized RWAs

The 1inch Swap API upgrade is one of the most important things that happened in September. It now works with tokenized RWAs. RWAs are digital tokens that stand for things like bonds, real estate, or U.S. Treasury bills on the blockchain. These assets are one of the most talked-about trends in crypto right now because they connect TradFi and DeFi.

However, there has been one big problem: liquidity. Even though the idea of RWAs is appealing, they’ve struggled to find enough buyers and sellers to make trading smooth and reliable. That’s where 1inch’s new upgrade comes in. By using its powerful liquidity aggregation technology, the platform now makes swapping RWAs as easy as trading any regular crypto token. In simple terms, 1inch solved the liquidity issue that was holding RWAs back.

This feature is now live on its dApp, 1inch Wallet and through the 1inch Business API (formerly known as the DevPortal). This means both individual users and businesses can now access RWAs directly through 1inch’s ecosystem. Ondo Finance, powers the RWA integration. Ondo gives 1inch the liquidity and asset infrastructure it needs to make these assets real. This partnership makes it possible for DeFi users to safely and efficiently interact with tokenized assets. This is an important step toward bringing together traditional finance and decentralized tools.

Partnerships and Integrations

The team also announced a number of big partnerships and integrations in September that would make swaps faster, cheaper, and more efficient. Barter was a big addition to 1inch’s network of resolvers, which are systems that help with intent-based swaps. The goal of this partnership is to make trades easier to complete, which will lower costs and speed up transactions for users.

The Swap API from 1inch also became popular in the larger crypto ecosystem. Many wallets and DeFi apps have already added the API so that their users can easily swap cryptocurrencies. THORWallet, for instance, used the 1inch Swap API to make it easier for its users to trade tokens across several networks at better prices and with less slippage. In the same way, OKX Wallet turned on the 1inch Swap API in September, which gave millions of OKX users direct access to the liquidity of the 1inch network.

Meanwhile, Trust Wallet, has also integrated 1inch’s technology through its Business API, meaning even more DeFi users can benefit from 1inch’s aggregation tools.

Joining the Blockchain Association

1inch did more than just update its products; it also made changes to its policies. The company became a member of the Blockchain Association in September. This is a major U.S.-based group that supports blockchain and crypto projects.

1inch now has a say in important talks about crypto regulation and innovation in the US because it joined this group. The project’s move shows that it wants to have a bigger say in how decentralized finance grows in a world with rules.

Looking Ahead

1inch is entering a new phase of growth by unlocking real-world assets, adding more key integrations, and joining industry alliances. Adding RWAs is especially important because it shows how DeFi is growing to include more than just trading crypto tokens.

1inch is becoming a key part of the next era of DeFi by solving liquidity issues, forming more partnerships, and getting developers to use its tools. As the team said in their announcement, “Liquidity was the blocker. We solved it.” And with that, 1inch just made the future of tokenized finance a little more real.

Also Read: CZ Shares Gossip Tweet on Hyperliquid CEO’s History With YZI Labs

Source: https://www.cryptonewsz.com/1inch-unlocks-rwas-new-integrations-expansion/