Crypto trading firm XBTO launched a tokenization team focused on real-world assets like corporate debt and real estate, enhancing investment opportunities via blockchain.
Cryptocurrency trading firm XBTO has unveiled a new tokenization team dedicated to bridging real-world assets (RWAs) with blockchain technology. The team will initially focus on corporate debt issuances, with plans to expand into areas such as real estate, marking a significant step in the evolution of blockchain-based finance.
Key Points:
Team Formation: XBTO has created a specialized tokenization team to drive blockchain-based asset tokenization, particularly focusing on real-world assets.
Initial Focus: The team will start with corporate debt issuance, having already facilitated two tokenized debt offerings for BermudAir.
Future Plans: XBTO plans to expand tokenization efforts to other asset classes, including real estate.
Upcoming Projects: An e-note for hemp and CBD producer AgroRef will soon be launched on XBTO’s platform.
Collaborations: The tokenization team, led by MD Mas Nakachi, collaborates with the on-chain capital markets platform Obligate and utilizes Credora’s technology-driven credit assessments.
Market Access: XBTO aims to reduce the cost and complexity of financing for mid-sized and small companies, providing better rates for investors and faster settlement times.
Regulation: XBTO offers its tokenized assets to accredited investors outside the U.S. and operates under Bermuda regulations.
XBTO's new tokenization team represents a significant advancement in the integration of blockchain technology with traditional finance. By focusing on real-world assets and offering innovative investment opportunities, XBTO is paving the way for more efficient and transparent financial markets.
Source: Coindesk
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