GSR has partnered with DigiFT to launch an OTC secondary trading market for RWA tokens

according to CoinDesk, crypto market maker GSR has partnered with the regulated tokenized asset trading platform DigiFT to launch over-the-counter (OTC) secondary trading of tokenized real-world assets (RWA).

The service is aimed at qualified institutional investors and is available seven days a week during Asian market hours, allowing eligible institutions to trade tokenized units of funds including Invesco U.S. Senior Loan Strategy (iSNR), UBS U.S. Dollar Money Market Fund (uMINT), and Wellington Ultra Short Government Bond On-Chain Fund (ULTRA). GSR will provide systematic bid-ask spreads, while DigiFT's platform facilitates settlement under the regulation of Singapore and Hong Kong.

According to data from DeFiLlama, the RWA sector has grown to over $13.4 billion in asset size, with most of it coming from tokenized government bond funds and gold-backed cryptocurrencies.