AllianceBlock Rebrands as Nexera Foundation: Accelerating Asset Tokenization
AllianceBlock, a blockchain infrastructure platform for asset tokenization, has announced a rebrand and a new vision for open finance. It will now operate as Nexera Foundation and launch Nexera Finance to drive the adoption of asset tokenization. The focus of Nexera Finance will be on developing enterprise use cases to make it easier for businesses to tokenize and trade diverse assets.
Nexera Foundation’s Mandate: Tokenization of Traditional Finance Assets
Building upon its reputation as AllianceBlock, Nexera Foundation aims to tokenize traditional finance (TradFi) assets and bring their market value onchain. The team plans to tokenize real-world assets like stocks, commodities, and bonds, facilitating fractionalization, collateralization, lending, and stablecoin issuance on the blockchain. Compliance is a key consideration, and Nexera Finance will handle the technical aspects, while the Foundation oversees strategy and roadmap.
The Potential $50 Trillion Market for Tokenized Assets
With the expectation that 10% of global wealth will be tokenized by 2030, representing a $50 trillion onchain market, Nexera Foundation aims to provide the necessary infrastructure for asset tokenization. While bridging the gap between traditional finance and decentralized finance (DeFi) is a primary goal, the Foundation will also encourage community participation in the Nexera DAO and enhance the utility of the NXRA token. This rebrand builds upon AllianceBlock’s work and leverages decentralized technology for tokenized finance.
Hot Take: Nexera Foundation Pioneering the Convergence of TradFi and DeFi
Nexera Foundation’s rebrand and focus on asset tokenization position it as a key player in the financial revolution. By providing the tools and infrastructure for onboarding traditional finance assets onto the blockchain, Nexera Foundation is tapping into a multi-trillion dollar market. As the world moves towards a tokenized future, Nexera Foundation is well-positioned to drive the adoption of asset tokenization and contribute to the convergence of traditional finance and decentralized finance.
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