Xend Finance Set To Bridge TradFi And DeFi Through Real-World Assets (RWA)

After two years of launching the first DeFi project out of Africa and raising funds from big investors like Binance Exchange and Google Launchpad, Xend Finance has successfully onboarded over 150,000 users who use DeFi in their daily activities. We have shipped products used daily by both crypto and non-crypto users in developing economies to access the global money market and live above inflation.

With more than six innovative products shipped, since we went public in 2021 and used by users all over the world, we have always worked hard to achieve our mission of building the first global crypto bank. One of the recent requests from our users has been access to invest in physical assets that are digitised using their crypto assets, and we are happy to share that we have had a breakthrough on the best way to bridge TradFi with DeFi.

Our research breakthrough has led us to crack the best way of introducing the tokenization of real-world assets and ownership within Xend Finance products. In simpler terms, users of Xend Finance can easily access traditional assets like real estate, art, stocks, intellectual properties, etc., own a portion of these assets, and easily switch between TradFi and DeFi assets all within the Xend Finance ecosystem.

With just a few clicks on the Xend Finance product, users can own a fraction of tangible assets. This move makes it easier for people with limited resources to have easier access to previously exclusive investment opportunities, therefore creating access to the global money market to everyone. The benefits of this are endless. It allows users to spread their investments across different asset classes, manage risks better, and potentially enhance returns over time.

But this does not stop with individuals. By tokenizing their assets, small and medium enterprises (SMEs) can raise capital from a wider pool of liquidity from investors, including retail investors with smaller investment cheque sizes. We believe that this will create more investment opportunities for smaller businesses in developing economies.

While real estate and equities are the predominant assets for tokenization, Xend Finance will explore different asset classes to choose from, which will provide the best value to our users, therefore creating a level playing field for everyone to achieve financial freedom. We have already collaborated with some TradFi third parties that will offer a variety of investment asset classes within Xend Finance products and will be announcing them in the coming weeks. Very exciting times ahead.

Follow Xend Finance’s social handles, @xendfinance on Twitter, and @xend.finance on Instagram, to get updates about this feature and other product development updates.