Coinspeaker
Phlomis Finance to Leverage Chromia’s RWA Protocol for Tokenization
Phlomis Finance, supported by American cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) plans to leverage Chromia’s relational blockchain infrastructure and its custom-built Chromia Real World Assets Protocol (CRWA). This integration aims to provide innovative solutions in the tokenization of Real-world Assets (RWA). In the long run, this project aims to establish authority in this rapidly evolving landscape.
Phlomis Finance Targets Real-World Assets Pain Point
By providing tokenized RWAs, Phlomis Finance focuses on connecting crypto investors with various investment options. These include conventional financial credit, debt, and equity instruments that are traditionally limited to established financial institutions. The new development eliminates barriers to certain investments.
It provides investors with easy access to institutional-grade large-scale assets, such as global infr
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