Symbiotic Launches Liquid Lane Network for Instant Redemption Liquidity for RWAs

On June 2nd, according to CoinDesk, Symbiotic has launched a new liquidity network, Liquid Lane, to provide near-instantaneous stablecoin redemptions for Real World Assets (RWAs) such as funds and private credit, addressing the current redemption wait times of up to approximately 180 days. The product routes investor redemption requests to a network of compliant market makers through an RFQ mechanism. The winning bidder will first acquire the assets with USDC, while the issuer completes the settlement in the background. Redemption spreads and lending yields will go to a shared collateral pool. Initial participants include Fasanara Capital, the manager of mGLOBAL and one of the treasury curators, and issuer Midas. Symbiotic stated that its infrastructure currently secures over $550 million in assets.