–News Direct–
TL;DR: Polytrade will enable the trading, fractionalization and exchange of real world assets such as trade finance, collectibles, real estate, and structured credit, all on Horizen EON!
Polytrade is a web3 protocol focused on aggregating and solving the demand for RWAs. Through the Polytrade Marketplace platform, Asset Originators can tokenize a wide range of real world assets – unlocking additional liquidity at reduced costs. Asset buyers gain access to a wide range of tokenized opportunities such as trade finance, real estate, car loans, and collectibles.
Polytrade Marketplace will unlock the following opportunities on Horizen EON:
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Native support for RWAs on the Horizen ecosystem
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Multichain support via other web3 ecosystems that feature Polytrade such as Polygon, Solana, BNB
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Additional liquidity source for users with RWAs
We are thrilled to be kickstarting the RWA activation on Horizen EON with Polytrade. This collaboration is fueled by a shared passion for bringing real-word assets onchain amidst an ever-evolving landscape. Joining forces with the Polytrade team will activate the building blocks for RWAs in the Horizen ecosystem and beyond.
-Jordan Calinoff
VP of Strategy & Revenue, Horizen Labs
About Polytrade Finance
Polytrade is the first global marketplace focused exclusively on tokenized real-world assets. The RWA marketplace uses Polytrade's ERC-6960 to enhance discovery, consideration, investment, trade, fractionalization, and leverage for assets ranging from real estate, trade finance, commodities, and stocks to physical items such as collectibles and luxury items. Users can use Polytrade as a single gateway to global tokenized opportunities.
About Horizen EON
Horizen EON is an EVM-compatible smart contracting platform and the first of many smart contract sidechains in the Horizen ecosystem. Horizen EON allows developers to efficiently build and deploy decentralized applications (dapps) on Horizen while benefiting from EVM compatibility. Horizen EON is built with scale and user experiences in mind, on Horizens powerful horizontally scaling protocol, Zendoo.
For more information, please visit https://eon.horizen.io and join the Horizen Discord.
Contact Details
Leora Schreiber
View source version on newsdirect.com: https://newsdirect.com/news/polytrade-finance-and-horizen-eon-facilitating-real-world-assets-rwas-in-the-horizen-ecosystem-353286573
Horizen Labs
COMTEX_446683629/2655/2024-01-22T12:22:12
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