Utrecht, Netherlands, February 19th, 2024, Chainwire — AllianceBlock, a prominent player in the decentralized tokenized finance sector, has announced a significant rebranding initiative, adopting the new name Nexera Foundation. In conjunction with this change, Nexera Finance aims to lead the charge into the forthcoming era of tokenization, with a particular emphasis on business-to-business applications.
Nexera Finance is dedicated to establishing itself as a dominant force in compliant tokenized finance, specifically addressing the requirements of institutions and businesses. The platform has developed an extensive array of tools and services that facilitate the compliant issuance, management, and trading of digital, financial, and tokenized real-world assets for organizations across various sectors.
As global wealth is projected to exceed $516 trillion, experts anticipate that approximately 10% of this wealth will be tokenized by the year 2030. Nexera is strategically positioned to emerge as a key player and essential partner for businesses eager to navigate this transformative landscape. By serving as an innovative gateway to the future of finance, it integrates a unified, standardized infrastructure applicable to all asset classes while offering a flexible framework to help organizations effectively manage the complexities of tokenization amidst a shifting regulatory environment.
Meanwhile, Nexera Foundation will concentrate on expanding its broader ecosystem. Its objectives include increasing participation in the Nexera DAO and enhancing the functionality of the native NXRA token. Additionally, the foundation is dedicated to fostering community growth and driving technological advancement in the digital asset realm, with a vision of creating a more inclusive and dynamic financial future.
Welcoming The Tokenization Revolution
The future of finance is poised for tokenization, a revolutionary method for representing tangible assets on the blockchain. The infrastructure offered by Nexera Finance enables this process in a compliant manner, aimed at enhancing business efficiency and democratizing access to financial markets. Through a transparent approach to tokenization, Nexera seeks to eliminate intermediaries, granting direct access to global liquidity pools and generating fresh investment opportunities for both institutional and individual investors. This technology also aims to improve access to non-bankable and illiquid assets, such as luxury art and real estate, while opening new avenues for agricultural financing, thereby transforming how farmers interact with market dynamics and assert their independence. Tokenization promises to cultivate fairer, more transparent, and interconnected markets, enhancing inclusivity for all stakeholders.
The transition from AllianceBlock to Nexera Foundation represents the culmination of five years of unwavering development dedicated to establishing the groundwork for the tokenized finance era. The Nexera Foundation will focus on cultivating a rich ecosystem of solutions for developers, one of which is NexeraID. Launched in December 2022, this self-sovereign identity solution ensures compliant user authentication and onboarding while managing financial crime risks through adaptable business rules within a simplified, all-encompassing intelligence platform.
In addition to its commitment to advancing tokenization technology, AllianceBlock has formed strategic partnerships with key players in both traditional finance and the Web3 space. In March 2023, the company collaborated with digital investment firm ABO Digital to provide tokenized structured products to institutions and crypto ventures seeking alternative financing methods. That same month, AllianceBlock aligned with Crunchbase to integrate the most comprehensive investment and funding data set into their collaborative data-sharing network, Nuklai. Further pushing the envelope of innovation, AllianceBlock partnered with Artbanx to create the Arkefi platform, which facilitates art-backed financing in Web3, allowing art collectors to secure loans using physical artworks as collateral, showcasing the distinctive advantages of tokenization.
With a robust network of collaborators and innovators, Nexera Finance is developing an adaptable infrastructure comprising interoperable modules that will set the stage for a fully compliant, tokenized financial future, ensuring compatibility across blockchains and dynamic liquidity across markets.
About Nexera Foundation
Nexera Foundation is at the forefront of shaping the financial future through cutting-edge open-source innovation. Its open-source infrastructure seamlessly integrates blockchain technology, allowing both on-chain and off-chain operations for simplified management of digital, financial, and real-world assets. The foundation is focused on nurturing its broader ecosystem, DAO, and enhancing the utility of the NXRA token. Committed to fostering community development and driving innovation within the digital asset landscape, Nexera Foundation aims to support the growth and evolution of its current and future key ecosystem partners.
About Nexera Finance
Nexera Finance serves as a vital infrastructure provider for compliant tokenized finance, empowering institutions and businesses to issue, manage, and trade digital, financial, and tokenized real-world assets (RWAs) in a compliant manner. The Nexera ecosystem comprises partners, clients, and ventures from leading stakeholders in the financial and decentralized finance (DeFi) sectors. Their unique product offerings adhere to global regulatory standards and integrate seamlessly with traditional systems.
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Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
