Magna is one of 24 new members to join the organization that aims to drive more than $1 trillion in assets onchain.
Today Magna is proud to announce that we’ve been selected to join the Tokenized Asset Coalition (TAC). The TAC welcomed 24 new members, including Magna, into its ranks from hundreds of applicants.
The Tokenized Asset Coalition champions the adoption of public blockchains, asset tokenization and institutional DeFi to dramatically alter the way capital is formed, invested and managed onchain, paving the way for a more open, fair and transparent system for investors.
By joining the Tokenized Asset Coalition, we align ourselves with a shared vision for a more open, fair, and transparent financial system and proactively shaping the future of onchain finance.
Since founding, Magna has built operational infrastructure that manages over $10 billion in tokens and has orchestrated distribution of tokens to millions of employees, investors, and community members across 160+ Web3 projects including Optimism, Aptos, Wormhole, and Jito. Our platform serves as the critical bridge between financial operations – vesting schedules, compliance workflows, tax integration – and onchain assets.
The challenge ahead - making it easier to invest in RWAs
As demand for tokenized assets goes mainstream, it is apparent that discovering, onboarding into, and managing tokenized real world assets is still challenging even for a crypto-native audience let alone traditional enterprises and investors. Diversification across various RWA strategies and optimization of yield currently involves having to navigate researching different assets, juggling KYC requirements, diligencing layered fees and complex structure, managing these positions on different platforms, and finally having to figure out how to integrate it with their existing financial reporting and treasury management infrastructure. This is why we are now expanding Magna into Treasury Management, continuing towards our vision of expanding crypto adoption by building products that streamline each step of the process of onboarding into RWAs.
We will work with the TAC to drive awareness and adoption of tokenized real world assets across a broad spectrum of audiences globally, as well as building products focused on streamlining how businesses leverage RWAs as part of their treasury strategy, including integrating with their existing financial infrastructure. This will be a collaborative effort not just with businesses and their internal finance and operations stakeholders, but also service provider, issuer, and technology partners that work with traditional and crypto-native businesses of all sizes. By eliminating the complexity of onboarding into these assets, we want to help grow the size of the RWA market. These efforts will directly support TAC's mission of creating a more open and transparent financial system.
Your continued support enables us to shape the future of token management.
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Let's scale Web3 together!
The Magna Team ✨
