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AllianceBlock Launches Arkefi, an RWA Platform, on Avalanche

source-logo  cryptonews.net 07 September 2023 14:02, UTC
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Anna Martynova

The integration of Arkefi into the Avalanche ecosystem is an important development for those who explore art, cars and collectibles. The Avalanche ecosystem incorporates Arkefi, a new platform that offers real asset ownership through fractional ownership and seeks to redefine real world asset investment (RWA).

The integration with AllianceBlock’s technology infrastructure, known for its expertise in decentralized tokenized markets, aims to provide “an accessible path for both the high net worth individuals (HNWI) and crypto investors to invest in exclusive art, cars and collectibles.”

Arkefi's approach combines blockchain and decentralized finance techniques to potentially facilitate transactions in high-value art and collectibles and "unlock liquidity for illiquid and unbankable assets." The Nexera protocol, native to Arkefi, tokenizes art pieces into a fractional ownership model. This method, while new, aims to present art investment as a more universally accessible venture.

Image: Invezz