XDC Network launches the first four money market fund tokens in partnership with Archax to meet institutional demands.
XDC Network launches the first four money market fund tokens in partnership with Archax to meet institutional demands.
02/24/25, 8:09 AM
Location
dubaiIndustry
cryptocurrency
blockchain
XDC Network has launched the first funds on its platform in token form, representing four of the world's largest money market funds, enabling improved liquidity and reduced operational costs for institutional investors.
Company Info
Location
dubai, dubai, united arab emirates
Additional Info
The XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM- (Ethereum virtual machine) compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases that are secure, scalable, and highly efficient.
Website: www.xinfin.org