what's tangible?
Tangible is a decentralized protocol that enables the tokenization of real-world assets, primarily focusing on real estate properties. It allows users to gain fractional ownership and exposure to physical assets through blockchain-based tokens, bridging traditional finance with decentralized ecosystems. The project operates on networks like Polygon, facilitating the creation of tokenized NFTs (TNFTs) representing shares in properties, which can be traded on its marketplace. Key components include stablecoins like USDR, backed by real estate yields to provide inflation-resistant value, and asset-specific tokens such as UKRE for UK properties. Users can mint these tokens by depositing collateral like USDC, earning yields from rental income distributed on-chain. The protocol emphasizes liquidity through redemption mechanisms and marketplaces, where tokenized assets can be bought, sold, or redeemed for underlying real-world deeds. Governance is handled via the TNGBL token, enabling community decisions on protocol upgrades and asset management. Tangible aims to democratize access to real estate investment by lowering barriers, allowing global participation without traditional intermediaries, while ensuring compliance through structured SPVs for legal ownership transfer.
Tangible partners with Squads for protocol security hardening.
contract
polygon-pos
Partnered with Squads for protocol security hardening
Superstate builds Opening Bell, an onchain equity platform designed to enable public equity shares to move and settle onchain alongside existing tokenized treasury fund products.
Combined AUM across USTB and USCC funds crosses approximately $1.6B heading into year-end.
Usual Money launches USD0a product powered by USTB T-bill fund and USCC crypto basis fund as collateral.
Property auctions approach completion, establishing a clear path to redemption.
Quarterly TANGO rewards from Phase 5 available for claiming with 23-day window; Safe wallet users receive 3x points through SafeBoost campaign.
TVL reaches 81M as protocol shifts redemption fees to borrower incentives with sreUSD development underway.
AUM reaches $30.38M on Plume Network with 66.6% weekly growth, indicating strong demand for tokenized yield products.
BitGet integrates USTB as collateral for new off-chain yield product BGUSD.
Total value increases 72% in past month, with focus on short-duration U.S. securities on Ethereum and Plume Network.
Fund holds $661M in tokenized bonds, ranking third largest among US tokenized bond funds.
USTB holds $661 million in tokenized Treasury bonds, ranking third among six entities that control 88% of the market.
USTB holds $661M in tokenized U.S. Treasuries, ranking as the third-largest holder behind BlackRock and Franklin Templeton.
Currently holds $661M in tokenized US Treasuries, ranking as 3rd largest holder among major institutional players.
USTB generates $2M monthly revenue through BlackRock institutional product offering.
Spark executes $150M RWA deployment with additional $150M deployment scheduled for next day.
USDR redemption mechanism changes to 0.87 UKRE per 100 USDR following failed liquidation attempts, with active governance vote to approve implementation.