Xalts RWA Cloud Tokenization Platform Now Available on Polygon (MATIC) Network

Fintech firm Xalts brings its real world asset tokenization platform, RWA Cloud, to the Polygon blockchain network for developers looking to build digital asset platforms.

Fintech firm Xalts has announced the integration of its real world asset tokenization platform, RWA Cloud, with the Polygon blockchain network.

The integration will enable developers to build digital asset platforms for various use cases, including blockchain, tokenization and smart contract applications.

According to a press release on Oct. 8, Xalts' RWA tokenization platform is a solution for developers to build digital asset platforms for different use cases.

The platform will allow developers to deploy and build blockchain applications on the Polygon blockchain network.

Developers can also use the Polygon network to build decentralized applications (DApps) and other Web3 projects.

With the integration, developers will be able to build blockchain applications and easily tokenize real world assets on the Polygon network.

RWA Cloud is designed to help developers quickly launch and scale digital asset platforms.

The platform provides tools and services for setting up blockchain nodes, deploying smart contracts, and managing tokenized assets.

The integration of Polygon will provide developers with a high-throughput and low-cost blockchain network for building and deploying their applications.

Polygon is known for its fast transaction speeds and low gas fees, which can be beneficial for applications that require a high volume of transactions.

In addition to launching RWA Cloud, Xalts and Polygon Labs will collaborate on a range of institutional services, such as applications in trade and supply chain finance, treasury management, and cryptocurrency adoption.

“We are excited to launch RWA Cloud on Polygon, a blockchain network that aligns with Xalts’ vision for enterprise-grade solutions,” said Supreet Kaur, Chief Operating Officer of Xalts.

“Together with Polygon, we aim to foster collaborations with blockchain partners to make the enterprise transition to blockchains seamless. We look forward to accelerating the adoption of RWA tokenization by enterprises.”

Recently, Xalts and Polygon Labs joined the Qatar Financial Centre Authority Digital Assets Lab to test and commercialize use cases in RWA tokenization.

The lab is a platform for financial institutions, technology firms, and startups to collaborate on innovative projects in the digital assets space.

Xalts is a fintech company that provides enterprise-grade technology solutions through services and businesses that integrate modern technology, including APIs, Blockchains & Orchestration layers to automate complex workflows.

Xalts products include solutions such as the RWA Cloud platform, which enables large institutions, such as financial services and governments, to build complex solutions using blockchains.