Tue Sep 17 05:00:00 UTC 2024: ## Xalts and Avalanche Team Up to Bring Enterprise-Grade Real-World Asset Tokenization Solutions

**Singapore, September 17, 2024** – Xalts, a financial technology firm specializing in real-world asset tokenization, today announced a strategic partnership with Avalanche, a leading blockchain platform, to accelerate the adoption of tokenization solutions for financial institutions.

This collaboration aims to provide out-of-the-box solutions for financial services, governments, and enterprise developers seeking to build digital asset platforms. These platforms will enable the tokenization of various assets, including funds, securities, commodities, trade finance assets, digital currencies, and Central Bank Digital Currencies (CDBCs).

Xalts’ key product, RWA Cloud, is a platform designed to help large institutions overcome the complexities of implementing blockchain technology. RWA Cloud addresses challenges related to rule enforcement, workflow management, and compliance requirements, simplifying the process of issuing, servicing, and transferring tokenized assets.

“Our collaboration with Xalts enables us to jointly offer RWA tokenization technology infrastructure and solutions to financial services institutions,” said Morgan Krupetsky, Head of Institutions & Capital Markets at Ava Labs. “This partnership will accelerate the adoption of blockchain technology and unlock new opportunities for innovation in the financial sector.”

This partnership comes at a crucial time, as global regulators are actively exploring the use of tokenization. Recent initiatives include Project Ensemble by the Hong Kong Monetary Authority (HKMA), Project Guardian by the Monetary Authority of Singapore (MAS), and the QFC Digital Assets Framework by the Qatar Financial Centre (QFC).

“We are very excited to partner with Avalanche,” said Ashutosh Goel, Chief Executive Officer of Xalts. “This will make the development of blockchain and smart contract solutions much more accessible and accelerate enterprise use cases.”

By combining Xalts’ expertise in real-world asset tokenization with Avalanche’s high-performance blockchain infrastructure, this partnership is poised to drive significant innovation in the financial services sector.

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