Tradeteq to launch TRADA Tokens on XDC Network
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.
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