REI Network, an open, Ethereum-compatible blockchain, has collaborated with WELF Finance, a digital personal banking platform. The principle goal of the partnership is to supply RWA-backed liquidity and yield options for high-net-worth customers to advance Web3 personal banking. As REI Network’s official social media announcement discloses, the collaboration is ready to combine standard finance and the next-gen Web3 infrastructure. Therefore, the joint effort endeavors to determine a novel commonplace for unparalleled wealth administration throughout the globe.
REI Network and WELF Drive Web3 Non-public Banking with RWA Liquidity
In partnership with WELF Finance, REI Network goals to supply RWA-backed yield and liquidity options for giant buyers in a blockchain-native setting. On this respect, WELF Finance provides digital personal banking to fulfil the necessities of the high-net-worth customers searching for institutional-scale yield. Therefore, with the tokenization of real-world property (RWAs), the platform brings on a regular basis RWA-backed earnings together with on-demand liquidity in a compliant and safe framework.
Moreover, the high-throughput and zero-fee EVM chain of REI Network delivers the matchless scalability to drive world adoption. Concurrently, with its easy compatibility with the strong Ethereum-based instruments, the platform backs swift smart-contract execution and settlement at minimal prices. Conserving this in view, its partnership with WELF Finance bridges the hole between DeFi and legacy finance whereas harnessing the regulatory-first safety protocols for the safety of shopper property.
$REI Token Up 2.28% as Market Capitalization Hits $16.56 Million
On the similar time, the $REI token is making waves within the crypto market. At present, it’s hovering round $0.01744, expressing a 2.28% enhance over the previous twenty-four hours. Moreover, its market capitalization has additionally jumped by 2.81%, claiming the $16.56M mark, whereas 24-volume accounts for a 287.46% progress, reaching $6.2M in a single day. This bullish outlook underscores the rising investor confidence, whereas the brand new collaborations and the efficiency of REI Network gas renewed curiosity.
