What you need to know
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1inch unlocks tokenized RWAs with the Swap API upgrade and now supports real-world assets like bonds and government bonds, making them as easy to trade as crypto.
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Barter, THORWallet, OKX Wallet, and Trust Wallet all joined 1inch’s growing DeFi ecosystem.
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1inch joined the Blockchain Association and was given a voice in shaping future crypto regulations.
1inch just had one of its biggest months yet. The project announced today that September was BIG for 1 inch and it’s easy to see why. From supporting tokenized RWAs to welcoming new partners and integrations, 1inch is paving the way for a more connected and powerful DeFi ecosystem.
Support for tokenized RWAs
The 1inch Swap API upgrade is one of the biggest things that happened in September. It now works with tokenized RWAs. RWAs are digital tokens that represent things like bonds, real estate, or US government bonds 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 is one major problem: liquidity. While the idea of RWAs is attractive, they have struggled to find enough buyers and sellers to keep trading flowing smoothly and reliably. That’s where the new 1inch upgrade comes into the picture. Leveraging powerful liquidity aggregation technology, the platform now makes exchanging RWAs as easy as trading a regular crypto token. Simply put, 1inch solved the liquidity problem that was holding RWAs back.
This feature is now live on the dApp, 1inch Wallet and via the 1inch Business API (formerly known as the DevPortal). This means that both individual users and companies can now access RWAs directly through the 1inch ecosystem. Ondo Finance takes care of the RWA integration. Ondo gives 1inch the liquidity and asset infrastructure it needs to make these assets a reality. This collaboration makes it possible for DeFi users to interact with tokenized assets securely and efficiently. This is an important step towards bringing together traditional financial and decentralized instruments.
Partnerships and integrations
The team also announced a number of major partnerships and integrations in September that would make swaps faster, cheaper and more efficient. Barter was a major addition to the network of 1-inch resolvers, systems that help with intent-based swaps. The goal of this partnership is to make transactions easier to complete, reducing costs and speeding up transactions for users.
1inch’s Swap API also became popular in the larger crypto ecosystem. Many wallets and DeFi apps have already added the API so that their users can easily exchange cryptocurrencies. For example, THORWallet used the 1inch Swap API to make it easier for its users to trade tokens across networks at better prices and with less slippage. Similarly, OKX Wallet enabled the 1inch Swap API in September, giving 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.
Become a member of the Blockchain Association
1inch did more than just update its products; it has also made changes to its policies. The company became a member of the Blockchain Association in September. This is a large US-based group that supports blockchain and crypto projects.
1inch now has a say in important conversations about crypto regulation and innovation in the US because it has joined this group. The project’s move shows that it wants to have more control over how decentralized finance grows in a world of 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 and encompassing more than just trading crypto tokens.
1inch will be a key part of the next era of DeFi by solving liquidity issues, forming more partnerships, and allowing developers to use its tools. As the team said in their announcement, “Liquidity was the blocker. We solved it.” And with that, 1inch has made the future of tokenized finance just a little bit more real.
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