Deep Tide TechFlow News, January 11th, Abu Dhabi Hub71 ecosystem-based agricultural trade finance startup Maalexi announced the launch of the world’s first agricultural asset token exchange (MAATEX).
The platform will be built on the Avalanche blockchain, aiming to revolutionize cross-border food trade through the tokenization of real-world assets (RWA). By combining Maalexi’s risk management technology with Avalanche’s high-performance blockchain infrastructure, MAATEX hopes to enable instant ownership transfer and cross-border settlement.
Maalexi’s initiative to launch a dedicated exchange is based on its successful operations. The startup reports that it has delivered millions of kilograms of agricultural products and executed thousands of blockchain smart contracts.
Notably, the company claims its supply failure rate is below 1%, far lower than the industry average of 50%, and has improved buyers’ capital efficiency by 72%.
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Maalexi will launch the world's first agricultural asset token exchange on Avalanche
Deep Tide TechFlow News, January 11th, Abu Dhabi Hub71 ecosystem-based agricultural trade finance startup Maalexi announced the launch of the world’s first agricultural asset token exchange (MAATEX).
The platform will be built on the Avalanche blockchain, aiming to revolutionize cross-border food trade through the tokenization of real-world assets (RWA). By combining Maalexi’s risk management technology with Avalanche’s high-performance blockchain infrastructure, MAATEX hopes to enable instant ownership transfer and cross-border settlement.
Maalexi’s initiative to launch a dedicated exchange is based on its successful operations. The startup reports that it has delivered millions of kilograms of agricultural products and executed thousands of blockchain smart contracts.
Notably, the company claims its supply failure rate is below 1%, far lower than the industry average of 50%, and has improved buyers’ capital efficiency by 72%.