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Cryptocurrency News Articles
Rexas Finance (RXS) Raises Over $48 Million in Presale, Tokenizing Real-World Assets to Open New Markets
May 10, 2025 at 04:17 pm
Solana has struggled to reclaim momentum after FTX unstaked 186,000 SOL tokens, sparking fears of a market dump. While SOL holds above $120, uncertainty lingers
Solana (CRYPTO: SOL) has struggled to recover momentum after FTX pulled out 186,000 staked SOL, sparking fears of an impending market dump.
What Happened: As Solana trades at $120, stifling further losses, signs of whale activity and new projects are emerging to salvage the cryptocurrency’s standing.
However, the broader market mood remains pessimistic, presenting an interesting juxtaposition with Rexas Finance (RXS), which has blitzed through the $48 million presale milestone.
Priced at $0.20, RXS has experienced a 6.6x increase from its initial presale stage, with 92% of its 500 million token allocation already sold. Backed by real-world asset tokenization and a CertiK-audited ecosystem, RXS is positioning itself as a tangible alternative to speculative tokens.
Revolutionizing Asset Ownership
Rexas Finance is revolutionizing how global investors interact with high-value assets. The platform is breaking down barriers to entry by tokenizing real estate, gold, and commodities.
A retail investor in Tokyo can now own a fraction of a Parisian apartment, reaping the benefits of rental yield income. Likewise, a small investor in Nairobi might hold shares in a Dubai-based gold reserve.
The $15.8 trillion global real estate market and $12 trillion commodity sector are now being integrated with blockchain technology, eliminating intermediaries and geographical limits.
This process begins with the Rexas Token Builder, a user-friendly tool that enables anyone to convert physical assets into digital tokens. Users can input the desired ownership percentages, set the terms of the token, and launch it within minutes.
This democratizes asset creation, allowing businesses and individuals to capitalize on properties, art pieces, or intellectual property. For instance, a restaurant owner in New York City could tokenize 30% ownership of the establishment, providing an avenue for investors to contribute and share in the restaurant’s success.
Building and Funding Tokenized Assets
Rexas Launchpad serves as a crucial link between creators and investors, streamlining the process of capital formation.
Startups and established firms pitch their tokenized assets on the launchpad, attracting backers through the transparent nature of smart contracts. A recent purchase of $150,000 in RXS tokens by a whale wallet, “0x3fD1…A9c2,” showcases the institutional interest. Considering the current price of $0.20, this investment would equate to 750,000 tokens.
In another development, a large buy order for 300,000 RXS at an average price of $0.198 is being executed within a short time frame. This level of activity is a testament to the strong demand for the token.
Noted for its speed and efficiency, the launchpad ensures liquidity from day one, with tokens becoming available for trading on decentralized exchanges immediately after launch.
The rapid pace of the presale is a testament to the market's confidence. Stages 1-11 sold out quickly, and the final stage of the presale has commenced with the aim of raising the remaining $7.9 million.
So far, $48 million has been raised, and 460.5 million RXS tokens—92% of the presale supply—have been claimed by investors. The current price for the token stands at $0.20, and it will be listed on three top-tier exchanges in 2025 at a starting price of $0.25. This will offer early backers an immediate 25% gain upon listing.
According to analysts, the price of RXR is expected to soar to triple digits within months of launch due to its real-world utility and increasing adoption.
Security and Market Momentum
In an industry often riddled with scams and rug pulls, Rexas Finance is placing a strong emphasis on trust through its rigorous security protocols. Its ERC-20 smart contracts have been audited by CertiK, a leading blockchain security firm, to ensure their robustness against exploits.
This validation is critical in an industry where investors are becoming increasingly cautious.
Furthermore, listings on CoinMarketCap and CoinGecko are in the final stages, rendering RXS visible to over 100 million monthly users. Both platforms are renowned for their stringent vetting procedures, which adds further credibility to projects.
In comparison, meme coins, despite their viral presence, often lack this level of scrutiny and sustainability. To amplify the urgency of joining the presale, RXS is hosting a $1 million giveaway.
Twenty lucky participants will walk away with $50,000 each. Those interested can submit their ERC-20 wallet addresses, complete simple tasks on Twitter, and join the Rexas communities for optimal chances to win. Additional entries are granted for referring
Disclaimer:info@kdj.com
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- Bitcoin (BTC) Still Struggles to Reach the Symbolic Target of $150,000, Despite a Recent Rebound to $104,000
- May 11, 2025 at 01:05 am
- The recent path of bitcoin perfectly illustrates this volatility exacerbated by speculative movements. On January 20, 2025, the crypto had reached an all-time high of $109,000
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- Belo Horizonte city council votes to declare the city the “Capital of Bitcoin.”
- May 11, 2025 at 01:00 am
- The city council of Belo Horizonte has voted to declare the city the “Capital of Bitcoin.” The decision came during a heated session earlier this week, where 20 councilors supported the bill, 8 opposed, and 6 chose to abstain.
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