XDC and LIQI Primed for RWA Expansion in Brazil: Aim for $500 Million in Tokenized Assets
Brazil is fast becoming the global hub for Real World Assets (RWAs). Although 15% of the population being crypto savvy may not seem impressive, the actual number of 32 million is. From individual citizens to large corporations, everyone is taking advantage of borderless access to tradable tokenized assets. Be it precious metals, CFDs, or even real estate, RWAs are increasingly becoming the center of it all.
This makes it the perfect time for XDC and LIQI to band together and leverage their expertise to bring an explosion of RWA-powered financial instruments: XDC has made a name as the go-to Layer-1 blockchain network for RWAs, while LIQI leads tokenization services.
The XDC and LIQI Partnership
What does these two giants partnering up mean? XDC and LIQI estimate they can bring in around $500 million worth of tokenized assets to be traded in Brazil.
The assets themselves are everything under the sun: real estate, private credits, metals, and more. The partnership does not limit the services to large corporations, but to firms of all sizes. This breaks down barriers of entry for companies, but the speed and efficiency of blockchain means individuals will also see opportune doors opened for them.
What’s more, the Brazilian regulatory environment’s crypto-friendly approach helps XDC and LIQI offer RWAs that comply with standard financial frameworks.
XDC: A Blockchain Network Built for RWAs
Built for enterprises and accessible by individuals, XDC is a blockchain network that concentrates on delivering breakneck speeds, a scalability like none other, and one of the lowest transactional costs in the industry.
Pair these attributes with XDC Network’s adherence to global fintech standards like ISO 20022 and MLETR, it’s no wonder that it already has big players utilizing its blockchain. Securitize, Mercado Bitcoin, and SBI Holdings are just a few of many firms that have already tokenized assets on XDC.
The LIQI partnership is a match made in heaven, and Diego Consimo, Head LatAm at XDC Network, sums it up perfectly,
“LIQI is one of the most prepared platforms in Latin America for regulated RWA issuance. With this partnership, we are strengthening XDC as the reference infrastructure for financial applications backed by real assets, with global liquidity and on-chain execution.”
LIQI Makes Tokenization a Breeze
When it comes to helping firms tokenize RWAs, nothing comes close to LIQI. Launched in 2021, LIQI has already made its mark with several financial assets as tokens. Its potential to bring about an RWA revolution was recognized early on, with VCs like Honey Island, Kinea Ventures, Oliveira Trust, and others backing it with 27.5 million Brazilian Real.
LIQI has moved from one success to another, taking pride as it launched RWAs of some of the biggest financial institutions in Brazil. Think SB Crédito, Itaú, and Banco BV, and LIQI is behind their tokenized launch success.
Now, LIQI takes another major step towards RWAs proliferation in Brazil, the excitement is clearly visible in the CEO of LIQI’s statement,
“We are structuring half a billion dollars in real-world assets (RWAs) directly on XDC. This is one of the largest institutional operations ever conducted in Latin America. We are connecting Brazil to the global flow of RWAs.”
The Road Ahead
Now with XDC and LIQI joining hands, Brazil is preparing for a vast increase in RWA, estimated to be $500 million worth.
With the global RWA market predicted to touch $16 trillion, this will not only further cement the country’s lead in RWAs, but also bring a world of opportunities for Brazilian people and eventually, the world.
***
DISCLAIMER
The views, the opinions and the positions expressed in this article are those of the author alone and do not necessarily represent those of https://www.cryptowisser.com/ or any company or individual affiliated with https://www.cryptowisser.com/. We do not guarantee the accuracy, completeness or validity of any statements made within this article. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author. Any liability with regards to infringement of intellectual property rights also remains with them.