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A new player in Ethereum’s asset tokenization space, Rexas Finance aims to revolutionize how physical and digital assets are traded.
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Ethereum supports decentralized applications and asset tokenization, contributing to its growth and the rise of DeFi organizations.
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The organization offers tokenization for various asset classes, a decentralized marketplace for peer-to-peer trading, robust compliance and security, and a user-friendly platform.
Web 3 has brought about a range of new concepts and technologies since its first iteration, Bitcoin. Since then, the industry has expanded from Bitcoin to creating a $6.6 billion franchise, as per Forbes.
Developers continued to stretch the applications of blockchain technology, eventually discovering one of the significant forms of blockchain adoption today: asset tokenization.
Generally, the term converts ownership rights held within a distributed ledger to real-world assets like real estate or commodities.
Rexas Finance is one of the organizations that seeks to revolutionize the tokenization of real-world assets and change how physical and digital assets are traded.
The firm operates its asset tokenization on Ethereum, which has garnered considerable attention in the past few weeks. Experts say the Rexas Finance presale price will showcase a substantial incline.
The upcoming key player on Ethereum might be the disruptor this crypto year needs to finish off with a high.
Rexas Finance the New Pacemaker at Ethereum
Since founding Ethereum, Vitalik Buterin has consistently strived to improve upon the working of Bitcoin. To achieve this goal, Ethereum has taken it upon itself to create a decentralized ecosystem where Decentralized applications can exist, thrive and access all the necessary tools.
This venture led to the growth of crypto titans like Uniswap, Chainlink, Aave, MakerDao and many more. As a result, Ethereum has continued to grow and expand its horizon beyond the crypto-industry into any blockchain-based organizations. Asset tokenization on Ethereum is among the various services within this Blockchain Titan.
Rexas Finance is no different; this Web30-based organization has success in Asset tokenization, bridging the gap between the physical and non-physical aspects of reality and blockchain.
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The organization seeks to change how an asset is represented, radically changing how users trade it as it introduces liquidity-enhancing market reach and reaches levels of transparency some physical entities lack.
The organization is still one of the new entrants in the ever-growing world of asset tokenization. Despite being a new member of the ERC20 token category, its native token, RXS Token, alongside its capabilities, has garnered quite the attention.
So far, its asset tokenization on Ethereum has followed a growth-oriented strategy. This generally means that the organizations seek s to expand beyond the crypto industry.
Here are a few of its capabilities:
- Tokenization of Multiple Asset Classes: The organization’s main key point is its services as an asset tokenization on Ethereum. It offers a wide range of tokenized assets, allowing investors access to markets like real estate and other physical entities.
- Decentralized MarketPlace: Rexas, like many DeFi-based organizations, has an existing decentralized marketplace facilitating peer-to-peer trading of tokenized assets. This feature is further enhanced given the enhanced transparency of blockchain technology, which lessens the need for intermediaries.
- Compliance & Security: To achieve the heights Rexas attained, it first had to comply with security. Since the FTX fiasco, blockchain security has become a priority for web3-based organizations. Unclear guidelines and regulations significantly hurt the reputation of any DeFi-based organization, essentially its lifeline. Rexas has a thorough security policy and regulation, accessing international waters with ease.
- User-friendliness: Rexas boasts a super friendliness platform that caters to new and veteran crypto traders.
The DeFi organization has gained considerable attention given its transforming asset accessibility, which taps into a real estate market valued at nearly $380 trillion globally. According to the platform, its Token Builder simplifies the process of asset tokenization, allowing users to access their survives without needing technical expertise.
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The organization’s success is also viewed via the Rexas Finance token presale price, which stands at $0.04. Remember, the success of its presale validated the high level of market confidence in its visions.
As per its official site, the organization envisions a future where everyone has access to valuable assets. Web3 has brought the power of asset tokenization to use, and the organization intends to utilize its services to bridge the gap between blockchain and the traditional asset market.
In its blossoming period, Rexas attained over $500,000 in funding, leading to the development of its popular Rexas Launchpad. This feature offers a platform for global inverts to contribute to various blockchain-based projects.
From the presale details, the RXS token has a total supply of 1 billion; 42.5% is reserved for presale, 15% for liquidity, and 22.5% for staking. Its tokenomics reveal that the organization has partnered with Polygon and several investors to boost its reach.
Despite its success, Rexas does not intend to turn to venture capital funding in favour of a public presale. This allows a project to directly interact with its community during its early stages, creating a more excellent bond. Its first presale stage raised $450,000 and $584,773 in its second stage.
Rexas Finances hinges on asset tokenization, a franchise whose vision could stretch into the distant future. Together with Ethereum, these organizations may transform how real-world assets interact with blockchain.