The Numun Foundation, a trusted Real-World Assets (RWA) Ecosystem that integrates decentralized and traditional finance, announces the launch of the Numun.fi app, the first TradFi Carry Trade application within the DeFi ecosystem. It is designed to capitalize on previously untapped RWA yield opportunities in cryptocurrency, mainly through the nStables carry trade strategy, which leverages interest rate differentials across various currencies, enabling investors to stake their tokens. This strategic integration of traditional finance mechanisms into the crypto space gives investors access to highly competitive yield rates, enhancing the liquidity and versatility of digital assets.
The current market cap for tokenized real-world assets stands in excess of $33 billion USD and has been forecasted to become a trillion-dollar industry by 2030. The Numun.fi app expands upon existing offerings for RWAs, granting users access to assets in emerging markets. With Carry Trade strategies, users can leverage the tokenization of emerging market currencies and the active rates of their sovereign bonds to achieve higher yields than traditional U.S. Treasury bonds. Furthermore, the app offers nStables, permissionless ERC-20 tokens that track the prices of emerging market currencies backed by digital and traditional assets. The first nStable is nARS, pegged to the Argentine Peso, with others like nBRL (Brazil) and nMXN (Mexico) to follow.
Launched in April this year, the Ecosystem unveiled its first Partner App, Num Finance. Num Finance is focused on tokenizing traditional finance assets, including ETFs, stocks, and bonds.
Agustín Liserra, CEO of Num Finance and part of the Numun ecosystem, said, “Tokenization is set to transform the global financial landscape, improving arcane settlement processes to enhance the liquidity and interoperability of traditional assets. At the same time, bringing real-world assets on-chain increases transparency and accessibility, creating a fairer financial market. This launch is backed by extensive research into the macroeconomic contexts, risk assessments, and carry trade possibilities in Latin America. The Numun.fi App capitalizes on these findings by providing a platform that is accessible, reliable, and designed for institutional-level financial products and services.”
For more information on the Numun Ecosystem and Numun.fi, interested parties can visit https://num.finance/.