Sky Ecosystem Capital Allocation Platform Keel Launches $500 Million Investment Plan for Solana

Foresight News reports that, according to CoinDesk, the on-chain capital allocation platform Keel, focused on the Solana Sky ecosystem, has launched a $500 million investment plan. This initiative, called “Tokenization Regatta,” aims to attract tokenized asset issuers through a competitive process. Selected projects will receive direct funding and support to issue risk-weighted assets (RWA) on the Solana platform, such as debt, credit, or funds. Over 40 institutions have expressed interest in participating. The first phase of applications will open on Thursday, offering two pathways: one for issuers planning to deploy in early 2026, and another for issuers still building infrastructure. Keel is an independent organization within the Sky ecosystem (formerly MakerDAO), funded by Sky’s $6 billion decentralized stablecoin USDS. Keel’s mission is to invest in income-generating assets and return profits to Sky and USDS token holders.