Fintech Firm Xalts Introduces RWA Cloud on Polygon Blockchain

Fintech company Xalts has launched its real-world asset tokenization platform, RWA Cloud, on the Polygon blockchain network. This move aims to assist developers in building digital asset platforms.

RWA Cloud: A New Solution for Developers

In a recent announcement, Xalts revealed its RWA tokenization platform, RWA Cloud, as a solution designed to facilitate the development of digital asset platforms. This platform supports blockchain, tokenization, and smart contract applications for various use cases.

Integration with Polygon

By integrating Polygon into the RWA Cloud platform, developers will have the capability to deploy and build blockchain applications leveraging the Polygon network. This integration aims to address common challenges in blockchain implementation, such as complex rules, workflows, and user compliance with internal or regulatory governance.

“Integrating Polygon with Xalts RWA Cloud will speed up the enterprise adoption of blockchain & RWA Tokenization use cases,” said Colin Butler, Global Head of Institutional Capital at Polygon Labs.

Collaborative Efforts

Beyond launching RWA Cloud, Xalts and Polygon Labs are collaborating on several institutional services. These include applications related to trade and supply chain finance, treasury management, and cryptocurrency adoption.

Supreet Kaur, Chief Operating Officer of Xalts, emphasized the importance of partnerships in making blockchain transitions seamless for enterprises.

“We look forward to accelerating the adoption of RWA tokenization by enterprises,” said Kaur.

Partnership with Qatar Financial Centre Authority

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

About Xalts

Xalts is a fintech company offering technology solutions at the enterprise level. Their services include APIs, blockchains, and orchestration layers to automate complex workflows. The RWA Cloud platform allows large institutions, such as financial services and governments, to build sophisticated blockchain-based solutions.

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