RAAC, I-ON Digital, to Make $200M of Tokenized Gold Available to Investors

Core Insights - RAAC is partnering with I-ON Digital Corp. to provide $200 million of tokenized gold for on-chain investment opportunities, positioning itself among the top 15 RWA protocols in DeFi by total value locked (TVL) [1][2] Group 1: Partnership and Investment - I-ON Digital will introduce its gold-backed digital asset ION.au into RAAC's ecosystem, starting with an initial investment of $200 million [2] - RAAC plans to launch pmUSD, a stablecoin partially collateralized by ION.au, aimed at decentralized investment strategies [2] Group 2: Investment Opportunities - Investment strategies will include structured yield opportunities across tokenized assets such as gold and other precious metals, as well as real estate, utilizing mechanisms like auto-compounding DeFi vaults and gold-backed lending markets [3] Group 3: Institutional Support and Validation - RAAC is a Chainlink Build Project and is backed by Chainlink proof-of-reserves, ensuring trustless validation for institutional partners [4] - The partnership with I-ON includes an investment of up to $1 million in RAAC as part of the newly formed RWA Federation, which will guide the development of RAAC's RWA open finance ecosystem [6] Group 4: Vision and Future Outlook - The collaboration is seen as a significant step towards integrating physical assets into decentralized finance, aiming to create steady, income-bearing investments in DeFi [5] - I-ON Digital's CEO emphasized the commitment to transforming decentralized finance through the tokenization of real-world assets and the introduction of asset-backed stablecoins [7] Group 5: Community Engagement - RAAC recently launched its genesis NFT collection, RAAC Bots, which was minted in under 10 seconds and has attracted a community holding over $30 million in on-chain capital [8] Group 6: Accessibility - RAAC is currently in testnet and is available to non-US persons, indicating a focus on global accessibility in the RWA economy [9]