Re.al launches blockchain platform for RWAs, CEO comments on tokenization

Re.al
has
officially
rolled
out
its
mainnet,
launching
a
new
blockchain
platform
aimed
at
managing
real-world
assets
such
as
properties
and
commodities
and
promises
to
return
all
profits
to
the
users.

Running
on
Arbitrum
(ARB)
Orbit
and
powered
by
Gelato’s
Rollup-as-a-Service,
re.al
has
made
a
strong
start
with
$40
million
already
locked
in
and
190
properties
ready
for

tokenization.

The
platform
aims
to
address
persistent
issues
in
decentralized
finance
(defi)
by
making
assets
more
accessible
for
trading,
improving
interoperability,
and
ensuring
fluidity.

“Its
speed,
flexibility,
and
security
are
exactly
what
we
need
to
nurture
an
ecosystem
centered
around
tokenizing
real-world
assets,”
said
Jag
Singh,
re.al’s
CEO,
explaining
why
they
chose
Arbitrum
Orbit.

From
the
start,
re.al
offers
users
a
range
of
tokenized
assets
including

real
estate
and

Treasury
Bills.
Singh
has
introduced
an
innovative
solution
called
Basket
tokens,
which
bundle
individual
properties
into
a
single,
more
liquid

ERC-20
token.
The
clever
approach
tackles
common
liquidity
problems
and
simplifies
the
management
and
integration
of
these
assets
into
other
financial
systems.

Initial
offerings
and
innovations

“Decentralized
finance
aims
to
democratize
financial
services,
eliminating
the
need
for
traditional
intermediaries.
By
weaving
real-world
assets
into
the
Arbitrum
ecosystem,
re.al
is
making
this
vision
a
reality,”
Peter
Haymond
from
Offchain
Labs
pointed
out,
emphasizing
the
broader
vision.

“Re.al
is
merging
sophisticated
blockchain
technology
with
practical
web
services.
This
fusion
is
poised
to
accelerate
the
adoption
of

real-world
asset
apps
and
could
significantly
transform
the
blockchain
landscape,”
Hilmar
Orth,
founder
of
Gelato,
expressed
his
enthusiasm
about
the
platform’s
potential.

Re.al
is
collaborating
with
Gelato
RaaS
and
other
partners,
such
as

LayerZero
and
RedStone
Oracles,
to
enhance
the
capabilities
and
reach
of
its
app
ecosystem.
The
partnership
boosts
the
platform’s
functionality
and
secures
a
broader
impact
within
the
blockchain
community.