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Local Partnership With A Global Impact: XDC and LIQI Teaming Up For Half A Billion USD Worth of RWA
For most of the world, Brazil is synonymous with Soccer. But did you know that the Latin American country is also amongst the top 10 by crypto adoption? While traditional crypto tokens are in demand, Real World Assets (RWAs) are a big thing in Brazil too.
Offering access to different financial instruments, Brazilians are increasingly turning towards RWAs that give them opportunities to invest in places that give better yields and even break down entry barriers. For Brazilian citizens and firms, the crypto-friendly approach by authorities is also another major driver towards adoption.
XDC and LIQI Leverage Increasing RWA Demand
With more than 32 million crypto users, Brazil is not just in the top 10 nations, it is at the forefront of crypto adoption. Traditional finance options are still tough for most of the population. High entry barriers like hefty fees, a small pool of investment options, and difficulty in accessing international markets have made RWAs the perfect tool for financial stability and wealth generation.
Understandably, the XDC and LIQI partnership to introduce up to $500 million RWAs in the country’s landscape is a boom in the making. The RWAs will range from physical assets such as real estate to financial tools such as private credit, agri instruments, and even corporate debt. With acceptance of different sectors and firm sizes, the RWAs from the partnership are expected to introduce a wave of investment options never possible before.
The best part is that the plans are accelerated, with the first issuance ready to launch in the coming months. Limited to the Brazilian market initially, the XDC and LIQI partnership will expand RWA issuance to include international instruments.
Speaking on the partnership, Daniel Coquieri, CEO of LIQI, sums it up in two sentences,
“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.”
While Head LatAm at XDC Network, Diego Consimo, explained the reasons behind partnering up with LIQI,
“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.”
For individuals in Brazil, they will gain access to the global market without the need to go through tedious and tough traditional channels. On the other hand, firms from all over the world can enter a whole new marketplace with people and firms hungry to invest in their options.
XDC Network Is Designed For RWAs
With a borderless economy in mind, XDC Network is an L1 blockchain that is fine-tuned to help institutions tap into the blockchain efficiency to build and launch different DeFi products, including international trading and payments.
Particularly aimed for RWAs, XDC Network’s efficient dPoS consensus means transactions are blazingly fast and have near-zero fees. On top of that, XDC is regulatory friendly, complying with standards such as ISO 20022 and MLETR.
LIQI’s RWA Experience
LIQI specializes in the tokenization of assets, especially in the Brazilian market. Its adherence to regulations has led to LIQI becoming the de facto choice of firms seeking to enter the RWA space. It is not the cutting edge of RWA in Brazil, but the sharp knife itself. Notable issuances include firms like Banco BV, Itaú, and SB Crédito.
LIQI also holds the coveted position of being the first to launch a tokenized version of credit rights in Brazil.