Polkadot Launches Capital Markets Division for TradFi

Polkadot Launches Capital Markets Division for TradFi
Polkadot Launches Capital Markets Division for TradFi

Polkadot launched the capital markets section aimed at bridging traditional financing and Blockchain, confirming the network’s push to attract institutional players with the acquisition of digital assets.

It was revealed on Tuesday, the Polkadot Capital group was created in response to the high institutional demand for digital assets and improving organizational clarity in the United States.

Its mission is to link traditional financing to Bolkadot, which helps institutions to explore opportunities in managing assets, banking services, investment capital, exchanges and trading without a prescription.

The department will display the practical use of decentralized financing, tricks, and the rapid growth area of the asset icon in the real world (RWA).

According to the leadership of the Polkadot Capital David Sedacca collection, the team is already following partnerships with asset managers, brokers and allocated.

While its headquarters is located in the Kayman Islands, the department has also been formed through the recent American organizational progress, including the approval of the Stablecoin Law and the representatives of the deputies that advance in separate bills on the structure of the encryption market and the control of CBDC.

It was launched in 2020, Bolkadot is the twenty -fourth of the full size according to the market value, at a value of approximately $ 6.1 billion, according to what it said. Coinmarketcap. Its distinctive feature is a multi -time structure that allows independent Blockchains, known as umbrellas, delivery and exchange.

Polkadot’s active monthly addresses. source: Tokenerminal

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Blockchain goes as institutional

The capital market axis in Polkadot comes where more Blockchain companies restore their strategies to capture institutional demand in areas such as asset code, bond version and Stablecoin leveling.

Onchain icon, a market of approximately $ 26.4 billion, was a major engine for Trafi’s participation in Blockchain. source: rwa.xyz

In December, the distinctive securities company Proomithium raised $ 20 million to expand efforts to bring traditional securities to Onchin.

In June, digital assets received $ 135 million to expand the canton network, which is Blockchain designed for organized financial institutions that have already tried the distinctive symbol of bonds, gold and other assets.

Meanwhile, Polygon is developing the capital market strategy through commitment, which has partnered with Capital Système investments to implement the bond version on the polygon using USDC (USDC).

Traditional financial institutions have recognized Blockchain capabilities to reduce costs, accelerate transactions and reduce friction in banking services. As CointeleGRAPH, Goldman Sachs and Bny Mellon developed a sand box for symbolic market boxes with a clock settlement.

Related to: Tradfi Onchain can move because of “terrible banking experiences”

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