XBTO Takes on Real World Asset Tokenization
XBTO, a cryptocurrency trading firm, is expanding its focus beyond just cryptocurrencies and into the world of **real-world assets (RWAs)**. They’ve established a new tokenization team to help drive forward blockchain-based corporate debt issuances.
While large banks and asset managers have been focusing on tokenized U.S. Treasuries, XBTO is taking a different approach. They’ve been working on **mid-tier corporate debt issuances**, like the two tokenized debt issues, or “senior e-notes,” by BermudAir, a boutique airline.
XBTO’s new team, led by MD Mas Nakachi, partners with Obligate, an on-chain capital markets platform, and Credora, a platform that provides technology-driven credit assessments.
Why is this important?
XBTO’s approach offers several benefits:
* **Reduced Costs:** Smaller companies may find it challenging to access traditional financing options due to high costs. XBTO’s approach offers a more efficient way to raise capital.
* **Better Rates:** Lower costs can lead to better rates for investors, making it a more appealing investment proposition.
* **Faster Settlements:** Blockchain technology enables faster and more transparent settlements compared to traditional methods.
XBTO, regulated in Bermuda, offers its tokenized assets to accredited investors outside the United States. 🚀
