finbold.com
On February 19, AllianceBlock, the decentralized tokenized finance infrastructure platform, announced its transition to a new identity, rebranding as Nexera Foundation.
Concurrently, Nexera Finance will start the forthcoming tokenization era with a specific emphasis on business-to-business applications.
Nexera Finance endeavors to position itself as a prominent entity within the compliant tokenized finance sector, tailored to meet the requirements of institutions and enterprises.
By developing a robust array of tools and services, Nexera Finance facilitates the compliant issuance, administration, and trading of digital, financial, and tokenized real-world assets, serving organizations spanning various industries, per the information shared with Finbold.
Aim of tokenization
In a global economy with an estimated total wealth exceeding $516 trillion, projections suggest that approximately 10% will transition to tokenized assets by 2030. Positioned strategically, Nexera aims to emerge as a pivotal figure and essential ally for businesses seeking to navigate this evolving landscape.
As a forward-looking gateway to the future of finance, Nexera integrates a unified, standardized infrastructure capable of accommodating all asset classes. Moreover, its adaptable approach equips organizations with the tools needed to navigate the intricacies of tokenization, facilitating scalability and adaptation within a dynamic regulatory environment.
In the interim, Nexera Foundation will focus its endeavors on fostering the expansion of its broader ecosystem. Its objectives encompass broadening engagement within the Nexera DAO and augmenting the functionality of the native NXRA token.
Simultaneously, Nexera Foundation is dedicated to fostering community growth and catalyzing innovation within the digital asset realm. It recognizes the cultivation of a more inclusive and dynamic financial landscape as an integral facet of its overarching mission.
Utilizing tokenization
Tokenization represents the future of finance, offering a dynamic method of representing real-world assets on-chain. Nexera Finance provides a compliant infrastructure for this process, promising streamlined business operations and broader market access. By eliminating intermediaries, Nexera enables direct access to global liquidity pools and introduces new investment opportunities for institutions and individuals.
This technology enhances access to non-bankable assets like luxury art and real estate while revolutionizing agri-financing. Tokenization fosters fairer, more transparent, and interconnected markets, promoting inclusivity for all stakeholders.
The evolution of AllianceBlock into Nexera Foundation marks the culmination of five years of continuous development dedicated to laying the groundwork for the era of tokenized finance. Nexera Foundation’s primary objective is to cultivate an ecosystem of solutions tailored for builders.
Among these solutions is NexeraID, a self-sovereign identity platform launched in December 2022. NexeraID serves to authenticate and onboard end-users in a compliant manner while also managing financial crime risk through the establishment of flexible business rules within a simplified, all-in-one intelligence platform.
Key partnerships
In addition to developing tokenization technology, formerly AllianceBlock has partnered with key players in traditional finance and Web3. Collaborations include ABO Digital for tokenized structured products, Crunchbase for data integration into Nuklai, and Artbanx for the Arkefi platform enabling art-backed financing.
The rebranding of AllianceBlock to Nexera Foundation signals a significant move towards the future of tokenized finance. Nexera Finance, focused on business-to-business applications, aims to lead in compliant tokenized finance.
Through partnerships and innovative solutions like NexeraID, Nexera Foundation is committed to growth and innovation in the digital asset realm.