Velo Protocol's Orbit Plus is set to transform RWA tokenization, integrating seamlessly with PayFi and Lightnet for efficient cross-border payments and enhanced market liquidity.
Velo Protocol's Orbit Plus: Revolutionizing Real-World Asset Tokenization
The buzz around Velo Protocol, Orbit Plus, and Real-World Assets (RWAs) is reaching a fever pitch! With groundbreaking developments promising to bridge traditional finance and DeFi, let's dive into the latest.
Orbit Plus: A Super App for the RWA Revolution
Velo Protocol recently unveiled Orbit Plus, a Super App poised to transform how we interact with tokenized assets and stablecoins. Built in collaboration with EVOLVE and Lightnet Group, Orbit Plus aims to power the next generation of RWA tokenization and settlement. Think of it as the front door to a rapidly expanding RWA ecosystem.
Unlocking Liquidity in Southeast Asia
The initiative is kicking off in Southeast Asia’s Belt and Road corridors, with the goal of unlocking liquidity for traditionally illiquid assets. We're talking real estate, undervalued financial instruments, and even sustainable infrastructure like green energy projects and EV charging networks. Imagine making these assets accessible to global investors – that’s the power of Orbit Plus.
Seamless Integration and Cross-Border Payments
Orbit Plus will integrate directly with Velo’s PayFi network, enabling real-time settlements and frictionless conversions between tokenized RWAs, stablecoins, and fiat currencies. This means enterprises, institutions, and even retail users can move value across ecosystems without any of the usual headaches. Plus, leveraging Lightnet’s licensed global payment infrastructure, Orbit Plus will support large-volume, low-cost cross-border settlements and OTC trading of RWAs.
Bridging TradFi and DeFi: A Unified Gateway
Orbit Plus perfectly embodies Velo’s mission to bridge traditional finance (TradFi) with decentralized finance (DeFi). By combining compliant financial infrastructure with intuitive technology, it creates a unified gateway for the global RWA economy, promoting financial inclusion for everyone.
The Rise of RWA Tokenization and the Need for Standards
The RWA market is exploding, with the total value of tokenized RWAs on-chain reaching impressive heights. This surge of institutional interest highlights the need for standardization. While previous efforts like ERC-1400 and ERC-3643 have laid the groundwork, the new ERC-7943 aims to streamline compliance and reduce fragmentation by providing a minimal, modular interface that works across various Ethereum chains.
Treasury-as-a-Service (TaaS) and ASEAN Settlement Network
Velo Protocol is also partnering with Lightnet and OpenEden to launch a Treasury-as-a-Service (TaaS) platform and ASEAN Settlement Network. This collaboration seeks to combine conventional finance with blockchain-led innovation, fortifying tokenized U.S. Treasuries and redefining real-time payments across borders.
Final Thoughts
The developments around Velo Protocol, Orbit Plus, and Real-World Assets are incredibly exciting. By bridging TradFi and DeFi, enhancing liquidity, and promoting standardization, Velo is positioning itself as a key player in the future of finance. Keep your eyes peeled – the RWA revolution is just getting started!
