Loopscale Introduces PRISM for Permissioned RWA Settlement on Solana

According to the announcement, PRISM connects Securitize, Multiliquid, and Fission to support instant settlement and onchain composability (blockchain-based interoperability) for permissioned real-world assets on Solana, beginning with Apollo’s tokenized credit fund ACRED.

SOL

37d ago

Summary

No Summary provided as the original text is short

Terms & Concepts

Permissioned real-world assets: Tokenized assets with access controls, allowing only approved participants to hold or transact them onchain.
Onchain composability: The ability for blockchain-based assets and applications to interact directly with each other through shared infrastructure and smart contracts (self-executing blockchain code).
Instant settlement: A transaction process in which asset transfers are completed immediately on the blockchain, reducing delays common in traditional financial systems.