polytrade

ChainCatcher message, the RWA protocol Polytrade Finance is expected to launch the RWA Marketplace in December 2023, with the first phase focusing on creating discovery for all assets and establishing secondary trading for the collectibles asset class.

ChainCatcher news, DWF Labs announced that it has established a strategic partnership with Polytrade Finance, a protocol focused on aggregating and addressing RWA needs. Both parties will enable institutions and protocols to join Polytrade's upcoming multifunctional hub, the RWA Marketplace, which integrates real-world assets.According to data from RootData, Polytrade completed a $3.8 million seed round financing on March 30, 2023, led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures, with other investors including Singularity Ventures and GTM Ventures. The company previously received support from Polygon co-founder Sandeep Nailwal and QuickSwap co-founder Sameep Singhania, among others.

ChainCatcher news, DWF Labs officially announced a strategic partnership with Polytrade Finance and will incorporate institutions and protocols into Polytrade's upcoming RWA Marketplace.Polytrade founder Piyush Gupta stated, "Our collaboration with DWF Labs demonstrates our commitment to redefining the landscape of real-world assets. Together, we will drive innovation and change the way global financial institutions and users access and engage with real-world assets."

ChainCatcher news, the blockchain-based trade finance protocol Polytrade has completed a $3.8 million seed round financing, led by Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures, with other investors including Singularity Ventures and GTM Ventures. The company previously received support from Polygon co-founder Sandeep Nailwal and QuickSwap co-founder Sameep Singhania.It is reported that Polytrade's initial module includes a financing department that brings real-world revenue into Web3. The platform aims to provide working capital financing and invoices for small and medium-sized enterprises as well as large enterprises. The company is open to the retail market, but it primarily focuses on institutional participants and also aims to expand into the Latin American, U.S., and European markets. (source link)