The Global Markets Alliance aims to promote global trading in tokenized capital markets through a simplified, secure, and transparent platform. Through collaboration with specialized partners such as Alpaca, BitGo, and 1inch, the alliance aims to reduce costs and create innovative financial solutions, according to a statement from Ondo Finance.
Global Markets Alliance enables simplified global trade
The Global Markets Alliance aims to make global trading safer, more transparent, less expensive, and easier. To this end, eight established crypto market players have joined forces on the platform and distributed their responsibilities. The largest partner is likely the Solana Foundation, which is said to have assets in SOL of up to USD 9 billion. The Solana Foundation is considered the central point of contact for the Solana ecosystem and connects the various players. Another major partner is Trust Wallet, one of the most popular crypto wallets in the space.
Alpaca provides a brokerage infrastructure for tokenized securities. BitGo and Fireblocks ensure the secure custody of tokens and transactions outside of centralized crypto exchanges. 1inch and Jupiter handle liquidity routing and the programmatic portion of crypto trading .
Regulated standards for fast, wide-ranging securities transactions
The Global Markets Alliance creates uniform standards for the tokenization of real assets and crypto assets within a common infrastructure to facilitate access to tokenized securities transactions and promote trust.
Through common rules, optimized liquidity, and integrated wallets, the platform enables fast, transparent, and traceable global investment opportunities for real products as well as tokenized investments such as stocks, bonds, real estate, and commodities via a central interface.
Opportunities and challenges of tokenization
The Global Markets Alliance leverages the expertise of established blockchain companies bringing new cryptocurrencies to market, as well as advanced IT and banking-like services, to plan asset tokenization, meet regulatory requirements, and efficiently process transactions. A key focus is also on promoting interoperability between different blockchains.
Despite rapid settlement of real assets, risks remain such as limited investor control, long-term investment lock-up, unclear reversion of tokens to real assets, potential decline in the value of cryptocurrencies, lack of legal safeguards, and challenges in investment fragmentation.
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