Xalts Enhances Collaboration with Polygon for Real World Asset Tokenization
Xalts and Polygon Forge Deeper Partnership
Xalts, a leader in real world asset tokenization, has announced an expanded collaboration with Polygon to bring its RWA Cloud platform to the Polygon blockchain network.
Benefits of Integration
This integration aims to streamline the deployment of blockchain applications for enterprise developers, offering a cost-effective solution for institutions interested in RWA tokenization on the Polygon network.
Joint Efforts in Blockchain Innovation
Xalts and Polygon Labs have joined efforts with the Qatar Financial Centre Authority Digital Assets Lab to explore and commercialize real world asset tokenization opportunities, marking a significant step forward in blockchain technology.
RWA Cloud: A Game-Changer for Enterprise Developers
RWA Cloud by Xalts presents a plug-and-play solution for financial services, governments, and enterprise developers looking to implement blockchain-based solutions, tokenization, and smart contract applications in various use cases.
Accelerating Adoption of RWA Tokenization
Supreet Kaur, COO at Xalts, shares excitement about the collaboration with Polygon and the potential to accelerate the adoption of RWA tokenization among enterprises through seamless integration and deep collaboration with blockchain partners.
Addressing Challenges with Smart Workflow Core
Xalts’ Smart Workflow Core within RWA Cloud is designed to address challenges faced by enterprises and regulators when implementing blockchain technologies by managing process complexity and connecting smart contracts with off-chain systems.
Future Partnerships and Applications
Xalts plans to work closely with Polygon Labs on various institutional applications focusing on trade and supply chain finance, treasury management, and digital currency adoption, contributing to the advancement of tokenization in the financial sector.
Enabling Enterprise Adoption
Colin Butler, Global Head of Institutional Capital at Polygon Labs, expresses enthusiasm about the integration with Xalts RWA Cloud, emphasizing the potential to accelerate enterprise adoption of blockchain and RWA tokenization use cases through a plug-and-play solution.
