By Chainwire
4 min read
Road Town, British Virgin Islands, October 2nd, 2025, Chainwire
RAAC becomes Top 15 RWA protocol by TVL following deal with tokenized gold leader
RAAC, a decentralized Real World Asset (RWA) lending and borrowing ecosystem, is partnering with listed provider I-ON Digital Corp (OTCQB:IONI) to make $200 million of tokenized gold available for innovative, on-chain investment opportunities.
The deal positions RAAC, a nascent project, among the top 15 RWA protocols in decentralized finance (DeFi) by total value locked (TVL), alongside BlackRock, Franklin Templeton, Tether, and Paxos (as of October 2, 2025).
I-ON Digital, a recognized leader in compliant gold digitization, will deploy its gold-backed digital asset ION.au into RAAC’s ecosystem, beginning with an initial tranche of $200 million. Subsequently, RAAC will launch pmUSD: a stablecoin partially collateralized by ION.au that will be available for decentralized investment strategies.
These will include structured yield opportunities across tokenized assets – including gold and other precious metals and real estate – through mechanisms such as auto-compounding DeFi vaults, gold-backed lending markets, and participation in ZENO Bonds and iRAAC index pools*.
RAAC is a Chainlink Build Project, a member of The Circle Alliance, and counts Curve founder Michael Egorov among its chief advisors. Like I-ON, RAAC is also backed by Chainlink proof-of-reserves and attested by Instruxi - a recognized leader in RWA tokenization for some of the world’s largest banks and asset managers. This ensures trustless validation for institutional partners.
In addition to this deal, I-ON will invest up to $1 million in RAAC as a founding partner of the newly formed RWA Federation: a governance body that will guide the development of RAAC’s RWA open finance ecosystem.
The announcement follows the launch of RAAC’s genesis NFT collection – RAAC Bots – the entirety of which was minted in less than 10 seconds on Magic Eden, and has gathered a community of DeFi power-users that collectively hold over $30 million in on-chain capital.
RAAC is currently in testnet and is available to non-US persons.
*RAAC is only available in a limited number of jurisdictions and is not available to US persons*
About RAAC
RAAC is a decentralized Real World Asset (RWA) lending and borrowing ecosystem that is widening participation in tokenized RWAs like real estate and gold. The platform will allow users to borrow against their holdings at competitive rates, while also offering investors access to high-value arbitrage opportunities. Providing a bridge between traditional and decentralized finance, RAAC is modernizing the way investors can access and profit from the world’s most stable assets.
Profile Links:
About I-ON Digital Corp
I-ON Digital Corp. (OTCQB: IONI) is redefining digital asset banking by transforming real-world assets – particularly in-situ gold – into blockchain-secured, regulated financial instruments. Its flagship asset, ION.au, is backed by verified, physically allocated gold reserves and priced according to LBMA standards. Through proprietary technologies that blend blockchain, AI, and institutional-grade compliance frameworks, I-ON unlocks the value of untapped natural resources while eliminating the environmental impact of traditional extraction. The company bridges traditional finance (TradFi) and decentralized finance (DeFi), enabling institutions to digitize assets, streamline compliance, and access sustainable, secure value exchange infrastructure.
Profile links:
For further information, please contact:
Investor Relations
I-ON Digital Corp.
investorrelations@iondigital.com
(866) 440-2278
https://iondigitalcorp.com
Rebecca Jones
Block3 PR
rebecca@block3.pr
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