Aave Labs announced the launch of Horizon, a new institutional platform enabling stablecoin borrowing against tokenized real-world assets (RWAs). Built on Aave, the largest and most trusted decentralized finance (DeFi) protocol with over $62 Bn in net deposits, Horizon operates 24/7 through onchain lending markets, pairing institutional-grade compliance with deep, decentralized liquidity.
For the first time, Aave users can utilize traditional financial assets such as U.S. Treasuries and institutional funds as collateral to borrow stablecoins, unlocking new liquidity.
Horizon launches with a network of leading institutions, tokenized asset providers, stablecoin issuers, asset managers, and infrastructure leaders. In its initial phase, this includes Centrifuge, Superstate, Circle, and RLUSD alongside Ant Digital Technologies, Ethena, KAIO (formerly Libre), OpenEden, Securitize, VanEck, Hamilton Lane (Nasdaq: HLNE), WisdomTree, and Chainlink, the standard for onchain finance. These partners anchor Horizon’s markets in high-quality institutional assets.
At launch, eligible collateral will include the Superstate Short Duration US Government Securities Fund (“USTB”), Superstate Crypto Carry Fund (“USCC”), Circle’s Hashnote International Short Duration Yield Fund Ltd. (“USYC”), and Centrifuge’s Janus Henderson Anemoy AAA CLO Fund (“JAAA”) and Janus Henderson Anemoy Treasury Fund (“JTRSY”), with plans to expand into additional tokenized products over time. Among the tokenized products represented by Horizon’s partner network is the VanEck® Treasury Fund, Ltd. (“VBILL”), which exemplifies the regulated, high-quality assets that can gain new utility through Horizon’s infrastructure.
“Horizon is built for the growth of tokenized real-world collateral, enabling lending and borrowing at institutional scale,” said Stani Kulechov, Founder of Aave Labs. “Horizon delivers the infrastructure and deep stablecoin liquidity that institutions require to operate onchain, unlocking 24/7 access, transparency, and more efficient markets. With Horizon, Aave is at the forefront of the move to onchain global finance, powered by its trusted, resilient technology and ecosystem partners.”