Singapore/California, December 11, 2024 – InvestaX, the leading RWA tokenization SaaS platform licensed by the Monetary Authority of Singapore (MAS), announces its intent to launch its regulatory-compliant tokenization platform on the XDC Network. Supported by Plug and Play, InvestaX aims to simplify and accelerate the growth of compliant real-world asset (RWA) tokenization on the XDC Network, making tokenization accessible to businesses worldwide. 

Driving Regulatory-Compliant Tokenization on the XDC Network

XDC Network, a Layer 1, enterprise-grade blockchain protocol, has consistently been a pioneer in RWA tokenization. Its focus on trade finance makes it a natural choice for transforming and liquifying financial instruments through tokenization. 

InvestaX, a trailblazer in Asia since 2018, offers a licensed and user-friendly platform for issuing and trading RWA tokens, empowering businesses to unlock new liquidity and efficiency without requiring technical expertise.

XDC Network was purposefully built for RWA and enterprise applications and is a premier blockchain to host the pioneering InvestaX platform. By integrating with the network, InvestaX brings its comprehensive and compliant solution for issuing and trading RWA tokens globally to the entire XDC ecosystem.

• Regulated Tokenization Platform: InvestaX offers a Singapore-licensed solution built on public blockchains, thus ensuring transparency and trust for both issuers and investors. It is positioned to outperform many tokenization platforms operating only on private chains or lacking proper licensing.
• Proven Technology: With over six years of experience, InvestaX has consistently delivered a robust, licensed SaaS platform for compliant and effective tokenization of real-world assets.
• Ecosystem Growth: The innovative InvestaX solution encourages the issuance of more RWA tokens on the XDC Network, creating a cycle of adoption. This not only benefits issuers but also strengthens XDC’s position as a leading blockchain for trade finance tokenization.

This collaboration tackles a key challenge: the lack of compliant and impactful tokenization platforms that bring real value to blockchain protocols like XDC. Many solutions operate on private chains or lack licenses, offering limited benefits. InvestaX fills this gap with a compliant, scalable, and impactful solution.

Julian Kwan, Co-Founder & CEO of InvestaX, commented: “XDC has been a pioneering protocol focusing on the RWA industry. We are super excited to come together now to provide their protocol and network a legal and compliant venue to issue and trade any global RWA token on the XDC blockchain on InvestaX, ushering in a new era for scalability and interoperability.”

“With its Singapore-licensed and regulatory compliant platform, InvestaX brings a unique tokenization service to the XDC Network,” states XDC Foundation Director Matthew Weisenthal. “It is a logical addition to the XDC ecosystem.”

Plug and Play’s Role in Supporting the Vision

As a leading innovation platform and global accelerator, Plug and Play adds significant weight to this partnership. Their support ensures that our integration is not only well-executed but also well-positioned to attract top-tier issuers and investors eager to explore tokenization opportunities on XDC.

Maximillian Jungreis, Head of Crypto & Digital Assets, Plug and Play commented: “XDC Network and InvestaX are setting a new standard for compliant tokenization, creating a scalable ecosystem for real-world asset tokenization. Supported by Plug and Play, the leading innovation platform connects startups, corporations, venture capital firms, universities, and government agencies. This partnership paves the way for global businesses to unlock liquidity, efficiency, and transparency in the tokenized economy.”

Building a Better Future for Tokenization

This partnership represents a pivotal moment in the evolution of blockchain and RWA tokenization. By combining InvestaX’s expertise, XDC’s innovative blockchain protocol, and Plug and Play’s global network, we’re redefining how real-world assets are brought into the digital economy.

Building on this success, InvestaX’s sister platform IX Swap—licensed in the Bahamas—is set to integrate with the XDC Network soon! 

About InvestaX

InvestaX is the leading RWA Tokenization Software-as-a-Service (SaaS) Platform in Asia, licensed by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) Licence and Recognized Market Operator (RMO) License for the issuance and trading of Real World Asset Tokens (RWA) for global investors.

Backed by top-tier investors, including Coinbase Ventures, Spartan Group, and UOB Ventures, and integrated with leading RWA protocols such as Ethereum, Coinbase’s BASE, BNB Chain, KAIA, Polygon, and XDC Network, InvestaX enables businesses to capture the next opportunity in finance while providing global investors access to new and innovative investment products. 

InvestaX currently manages 8 RWA tokens, with multiple launches in the pipeline.

To learn more, visit www.investax.io  

About XDC Network

XDC Network is a blockchain specifically developed to support trade finance and RWA tokenization. A highly optimized, EVM-compatible Layer 1, XDC Network reaches consensus through a delegated proof-of-stake (dPoS) mechanism, which allows for a transaction time of mere seconds, near-zero gas fees, and a high number of transactions per second. Secure, scalable, and highly efficient, the XDC Network powers a wide range of novel blockchain use cases and provides state-of-the-art infrastructure for enterprise-grade blockchain applications. 

Find more information about XDC Network by visiting XDC.org.

About Plug and Play

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 50+ locations across 5 continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. 

Plug and Play Tech Center has built an extensive ecosystem comprising more than 35,000 startups and over 500 corporate partners, facilitating innovation across multiple sectors such as fintech, health, insurtech, and mobility.

Visit its website to learn more: https://www.plugandplaytechcenter.com/insurtech-innovation/.