Hassan Maishera
AllianceBlock, the infrastructure platform for decentralized tokenized finance, has announced its rebranding as Nexera Foundation. Furthermore, it has launched Nexera Finance as it seeks to increase its business-to-business use cases.
In a press release shared with Cryptowisser, the firm said Nexera Finance seeks to establish itself as a leading force in compliant tokenized finance, catering to the needs of institutions and businesses.
The platform has built a comprehensive suite of tools and services to enable the compliant issuance, management and trading of digital, financial and tokenized real-world assets for organizations across every industry.
Nexera intends to become a crucial player and a key partner for businesses looking to embrace this new era. The company combines a single, standardized infrastructure for all asset classes with a flexible approach to help organizations master the complexities of tokenization and scale and adapt to the fluid regulatory landscape.
Nexera Foundation is set to dedicate its efforts to growing its wider ecosystem. Its goals are to expand participation in the Nexera DAO and enhance the utility of the native NXRA token.
Furthermore, Nexera Foundation wants to keep promoting community growth and driving innovation in the digital asset space. It has identified building a more inclusive and dynamic financial future as an integral part of that mission.
Leveraging The Era Of Tokenization
Nexera Foundation pointed out that tokenization is the future of finance. It is a dynamic new way to represent real-world assets on-chain. Nexera Finance’s infrastructure allows this in a compliant way that promises to improve business processes and democratize access to financial markets.
Furthermore, its transparent approach to tokenization will eliminate the need for intermediaries, enabling direct access to global liquidity pools and creating new investment opportunities for institutions and individual investors.
Nexera’s technology is set to improve access to non-bankable and illiquid assets such as luxury art and real estate while providing new opportunities for agri-financing, reimagining how farmers engage with the market and exercise their sovereignty.
The Nexera Foundation said it will focus on growing an ecosystem of solutions that builders can utilize, one of which is NexeraID, a self-sovereign identity solution launched in December 2022. This solution authenticates and onboards end-users compliantly and manages financial crime risk by setting flexible business rules in a simplified all-in-one intelligence platform.
In its bid to build the underlying technology for tokenization, AllianceBlock has entered into various partnerships with key players in the traditional financial world and Web3.
In March last year, AllianceBlock partnered with the digital investment firm ABO Digital to offer tokenized structured products for institutions and crypto projects and institutions seeking alternative forms of financing.
That same month, AllianceBlock partnered with Crunchbase to bring the world’s most comprehensive investment and funding dataset to their collaborative data-sharing network, Nuklai. Pushing the boundaries of innovation further, AllianceBlock partnered with Artbanx to build the Arkefi platform, which brings art-backed financing to Web3, allowing art collectors to obtain loans by using physical works of art as collateral, in a powerful demonstration of tokenization’s unique benefits.
Nexera Foundation is empowering the future of finance with cutting-edge open source innovation. The open-source infrastructure seamlessly incorporates blockchain technology, facilitating both on-chain and off-chain operations for simplified digital, financial, and real-world asset management.
Meanwhile, Nexera Finance is an infrastructure provider for compliant tokenized finance. They empower institutions and businesses to compliantly issue, manage and trade digital, financial and tokenized real-world assets (RWAs).
The Nexera ecosystem of partners, clients, and ventures consists of top stakeholders from the financial industry, as well as the decentralized finance (DeFi) sector. Their unique product suite complies with global regulations and seamlessly integrates with legacy systems.
