Venus Protocol adds Asseto CASH+ as collateral, $U stablecoin powers institutional lending
Venus Protocol has launched a new initiative enabling institutional investors to utilize Asseto’s tokenized cash-management fund, CASH+, as collateral within its Institutional Fixed Rate Vault, expanding on-chain real-world asset lending capabilities on BNB Chain. Asseto, a provider of tokenized financial products, introduced the CASH+ token to represent institutional cash-management fund exposure on-chain. Through this partnership, CASH+ is now accepted as eligible collateral within Venus Protocol’s structured credit vault for institutions.