Kima Network Partners with Fathom to Boost RWA Liquidity and Enhance Interoperability Within Its Ecosystem

Kima
2 min readMay 22, 2024

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We are thrilled to announce a partnership between Kima Network and Fathom, a liquidity protocol where users can deposit XDC tokens or RWA collateral and borrow Fathom’s stablecoin FXD.

About Fathom

Placed at the center of the XDC ecosystem — an open-source hybrid blockchain designed for global trade and finance, Fathom is at the forefront of decentralized finance, offering a comprehensive platform that enhances liquidity for both retail and institutional participants.

Central to Fathom’s innovative approach is the FXD stablecoin, a cornerstone asset that’s over-collateralized with a basket of crypto- and real-world assets (RWA) and soft-pegged to the US dollar.

Additionally, Fathom offers Vaults for investors seeking sustainable yield along with a Lending platform that provides decentralized, non-custodial liquidity markets.

The protocol’s Oracles ensure high availability, reliability, and accuracy of data, underpinning the ecosystem’s stability. Governance is democratically orchestrated through the Fathom Decentralized Autonomous Organization (DAO), where FTHM token holders exert influence over crucial decisions, from onboarding new collateral types to setting interest rates.

The Kima x Fathom Partnership

As part of this collaboration, Fathom’s protocol will incorporate Kima Network’s interoperability functionality into the Fathom ecosystem.

By leveraging Kima’s asset-agnostic, blockchain-based decentralized settlement protocol, Fathom will enable its users to make seamless, secure transactions across multiple blockchains.

Kima’s unique approach to interoperability ensures that Fathom can maintain its commitment to offering stable and reliable transaction mediums, particularly with the FXD stablecoin, within the expansive $30 trillion global trade finance market.

Moreover, to facilitate Fathom’s commitment to shaping a fluid trading environment, Kima will enhance Fathom’s RWA ecosystem liquidity by creating a single source of liquidity agnostic to different assets and chains.

We strongly believe that our synergy will enable a more fluid and interconnected financial ecosystem and pave the way for a future where financial operations are more transparent, accessible, and secure.

About Kima
Kima is an asset-agnostic, blockchain-based decentralized settlement protocol intended to address fragmentation in crypto and the broader financial space. By introducing a new financial primitive — the Smart Transaction — and an easy-to-use SDK built for Web3 and Web 2.0 apps, Kima opens access to new audiences by enabling interchain and hybrid transactions. With a settlement layer supporting multi-ecosystem payments, peer-to-peer commerce, CeFi/DeFi services, cross-chain DEX swaps, and omnichannel wallets, Kima provides a seamless way to connect fiat and crypto while emphasizing security and accessibility.

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