R3 bets on Solana to bring institutional yield onchain

As DeFi investors seek stable, uncorrelated returns, R3 is building Solana-native structures to bring private credit and trade finance into crypto markets. What to know : R3 has repositioned itself around tokenization and onchain capital markets, with Solana as its strategic base. The firm is targeting high-yield, institutional assets like private credit and trade finance, packaged in DeFi-native structures. Liquidity, not tokenization itself, is the next unlock for real-world assets onchain, according to R3 co-founder Todd MacDonald.