Tradeteq, a data, technology and software provider, has selected the XDC Network to launch fully regulated, trade-finance-backed fungible security tokens, TRADA Tokens.

The firm aims to deliver significant liquidity to the trade finance sector by securitising a traditionally illiquid asset class on the XDC Network — a public decentralised blockchain.

By using fungible security tokens with concrete collateral, Tradeteq says it will begin the process of “ramping up on-chain transaction volume of regulated, real-world assets” and extends access to the trade finance market to retail and institutional investors.

- READ full article