June 03, 2024 - 2 min read
Supra is excited to announce a partnership with SRWA, aimed at enhancing the interoperability between decentralized and traditional finance. SRWA specializes in transforming physical assets into Real World Asset (RWA) tokens, enabling these assets to be smoothly transacted in global markets.
This makes physical assets more liquid and introduces a new level of efficiency and accessibility in asset management. At the heart of SRWA’s operations are the core principles of intuition, accessibility, and efficiency. They treat access to personal belongings as a basic human right and continually seek efficiency improvements in the FinTech space.
They have chosen Radix for their DLT to maintain these principles. In addition, SRWA is also planning to expand its services to include cash conversions, savings, and lending options. SRWA is also advancing under VASP licensing in New Zealand to ensure all operations are compliant and secure.
Through this collaboration, Supra will provide SRWA with cutting-edge oracle services, enhancing the functionality and reliability of SRWA’s RWA tokenization process. The integration of Supra’s oracle services with SRWA’s tokenization platform will facilitate real-time, accurate data exchange, crucial for the optimal functioning of RWA tokens in the marketplace.
Joshua D. Tobkin, CEO and Co-founder of Supra, commented:
“We are delighted to partner with SRWA. Their innovative approach to asset tokenization is precisely what the DeFi space needs and our oracle services will ensure that these processes are as seamless and reliable as possible.“
Nikola Sologub, Co-founder of SRWA, commented:
“Partnering with Supra will enhance our capabilities, integrating reliable real-world data into our systems. We look forward to transforming the accessibility of physical assets in the digital economy together.“
Supra is focused on bridging the gap between traditional financial markets and the Web3 ecosystem, providing a powerful cross-chain oracle toolset that enables developers to build, deploy, and manage robust and agile data applications. With a team of experts and a growing list of partners, Supra is committed to solving the Oracle challenge, enhancing smart contract functionality across various sectors by integrating real-world data into blockchain networks.
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SRWA is a pioneer in the field of DeFi, dedicated to making decentralized financial services more accessible through the innovative conversion of physical goods into RWA tokens. Their focus on intuitive, accessible, and efficient financial solutions makes them a leader in asset tokenization and lending solutions.
Join the SRWA community:
Website | Twitter | Telegram | LinkedIn
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