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Re.al launches the platform for RWAs
Real World Assets (WRA) represent a revolutionary development in the world of cryptocurrencies, bridging the gap between real world assets and the digital world. The adoption of RWA has gained consensus among institutional investors and major industry players, demonstrating its potential to revolutionize the financial sector. As RWA gains momentum around the world, it has transformed traditional assets, expanding the crypto ecosystem.
Re.al has significantly introduced its mainnet, a new blockchain platform designed for managing real-world assets, including properties and commodities.
Re.al launches the RWA platform that operates on Arbitrum (ARB) Orbit and is supported by Gelato’s Rollup-as-a-Service. Re.al got off to a great start, getting 190 properties to tokenize and earning $40 million.
From its inception, True provided users with a wide variety of tokenized assets, such as real estate, treasury bonds, etc.
Explaining Arbitrum Orbit as Re.al launches platform for RWA, re.al CEO Jag Singh said: “Its speed, flexibility and security are exactly what we need to cultivate an ecosystem focused on tokenization real world resources.”
Singh also introduced an innovative concept known as Token Basket. Basket tokens combine individual properties into more liquid ERC-20 tokens. This innovative solution solves liquidity problems, simplifies the asset management process and integrates it into financial systems.
Re.al launches a platform for RWA that seeks to address the main challenges of decentralized finance (defi) by improving the accessibility of assets for trading, improving interoperability and simplifying transactions for all parties involved.
Re.al has entered into a strategic partnership with Gelato RaaS and other key partners, including LayerZero and RedStone Oracles as Re.al launches the platform for RWA. This partnership aims to expand and improve the capabilities and reach of the app ecosystem. This collaboration will enhance the platform’s capabilities and enable greater impact in the blockchain ecosystem.
Expressing gratitude for the launch of the platform and its potential, Gelato founder Hilmar Orth said: “Re.al is connecting advanced blockchain technology with everyday web services. This merger is set to accelerate the adoption of real-world asset applications and could potentially reshape the blockchain industry.”
“Decentralized finance aims to democratize financial services by eliminating the need for traditional intermediaries. By bringing real-world assets into the Arbitrum ecosystem, real.al is making this vision a reality,” noted Offchain Labs’ Peter Haymond, highlighting the platform’s broader impact.
Real.al is committed to revolutionizing the DeFi and RWA space, which provides unprecedented security and efficiency combined with unlimited access to maximum liquidity and functionality for this category of assets.re.al is not just a technological implementation; it is the beginning of a new era of DeFi utility.
Real-world assets (WRA) are revolutionizing the traditional asset market and opening up new possibilities for investors and entrepreneurs. From tokenization of real estate and commodities to private lending, RWAs are changing the way finance works.