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Xalts launches new RWA tokenization platform on the Polygon Network

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Fintech firm Xalts has launched its real-world asset tokenization platform, RWA Cloud, on the Polygon blockchain, enabling developers to create digital asset platforms. This integration aims to simplify blockchain implementation by addressing common challenges related to complex rules, workflows, and compliance.

Colin Butler, Global Head of Institutional Capital at Polygon Labs, expressed enthusiasm for the partnership, noting it will accelerate enterprise adoption of blockchain and RWA tokenization. Xalts also plans to collaborate with Polygon Labs on institutional services related to trade and supply chain finance, treasury management, and cryptocurrency adoption.

Supreet Kaur, COO of Xalts, highlighted the company’s commitment to fostering collaborations that streamline the transition to blockchain technology for enterprises. Recently, Xalts and Polygon Labs joined the Qatar Financial Centre Authority’s Digital Assets Lab to explore RWA tokenization use cases.

Xalts focuses on providing enterprise-level technology solutions, including APIs and orchestration layers, to help large institutions build complex blockchain-based solutions.

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Source: crypto.news

The post Xalts launches new RWA tokenization platform on the Polygon Network appeared first on HIPTHER Alerts.

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Blockchain

ChainSwap Announces Plans to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit

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ChainSwap, the cross-chain swap platform, has announced during its attendance at the major Dubai conference Future Blockchain Summit, its plans to integrate Solana into its decentralized application (dApp), further expanding its multi-chain transaction capabilities. This planned integration will allow ChainSwap users to perform same-chain and cross-chain token swaps on the Solana network, known for its high-speed transactions and low fees.

The integration, expected to launch in the coming months, will enable faster and more
Ethereum, Binance Smart Chain, and Polygon.

“Integrating Solana into our platform is a strategic step to improve the user experience and
expand the range of supported blockchains,” said Fitzy, CEO and Founder of ChainS wap
“Solana’s fast and affordable transactions make it a perfect fit for our platform, and we are
excited to bring this option to our users in the near future.
Once completed, the integration will offer:

  • Same-Chain Swaps: Users will be able to swap tokens within the Solana network leveraging its fast transaction speeds and low costs.
  • Cross-Chain Swaps: Users will benefit from secure and efficient token swaps between Solana and other major networks like Ethereum, Polygon, and Avalanche.

Solana’s integration is a crucial step forward in ChainSwap’s mission to deliver an accessible and scalable platform for decentralized finance (DeFi) users, offering a broad range of multi-chain options to meet the growing needs of the DeFi ecosystem.

The post ChainSwap Announces Plans to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit appeared first on HIPTHER Alerts.

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Blockchain

Wagmi Takes Over Miami With Biggest Web3 Event in America

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Blockchain

Genius Group Restructures Board with Four New Appointees

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