SEOUL, South Korea–(BUSINESS WIRE)–ELYSIA, a blockchain mission specializing in actual property tokenization and securitization, has signed a cooperation settlement with Galaxia Metaverse, a subsidiary of Hyosung Group, which is among the largest companies in South Korea.
By this cooperation, Galaxia Metaverse commits to help gross sales by registering RWA (Actual-World Asset) offered by ELYSIA by way of the NFT market MetaGalaxia, and ELYSIA commits to offer RWA with transparency and proof of assure of information verification and stake distribution on the blockchain.
Each firms agreed to share their know-how on product planning and commercialization in order that RWA may be safely bought throughout the system. The ELYSIA workforce will proceed to make efforts to broaden its enterprise by way of varied partnerships sooner or later.
ELYSIA is a real-world asset tokenization mission. It’s a protocol that makes real-world belongings into RWA in order that they can be utilized on the blockchain, and RWA created in ELYSIA can be utilized in ELYFI, one other service of ELYSIA. ELYFI is ELYSIA’s DeFi service based mostly on real-world belongings. In ELYFI, real-world asset house owners can elevate funds by borrowing RWA as collateral or by promoting RWA.
MetaGalaxia, an NFT Platform, intends to create a enterprise ecosystem to offer a dependable and sustainable NFT surroundings to varied creators and consumers. The GALAXIA(GXA) is a blockchain-based platform centered on rewards and funds that may be utilized to actual life. MetaGalaxia supplies a reward that customers can obtain when they’re buying NFT throughout the platform. The consumer can conveniently view or buy varied NFT works by way of linking with the platform. The platform plans to conduct an RWA mission that permits diversified funding by buying actual property and artwork, that are invaluable belongings that truly exist, the place customers will pay with GALAXIA(GXA).
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