Link: Introducing Avant
Anduro, a Bitcoin infrastructure developer incubated by global digital asset leader MARA (NASDAQ: MARA), is proud to announce the development of Avant, a platform designed for issuing and investing in real-world assets (RWA) through tokenization. Powered by Alys, Anduro’s EVM-compatible sidechain, Avant allows asset issuers to seamlessly tokenize assets while offering investors a new way to discover and invest in RWA tokens.
In an exciting pilot project, Avant will facilitate the tokenization of whiskey barrels, which will be issued and managed on the Avant platform in collaboration with Vertalo, a digital transfer agent and tokenization platform.
To ensure regulatory compliance and smooth operations, Anduro has chosen Vertalo as its infrastructure solution, which offers a robust platform for managing tokenized assets, providing issuers and investors with immutable records, seamless asset transfers, and compliance support. Vertalo’s technology allows partners like Anduro to offer investment-grade, regulatory-compliant products, while also contributing to the evolution of a more decentralized financial system.
“The team at Vertalo is honored to have been selected by Anduro, incubated by MARA, as the platform to integrate Alys,” said Dave Hendricks, CEO and co-founder of Vertalo. “As the emerging RWA sector grows in size and in diversity of offerings, the opportunity to work with an industry leader on a differentiated offering is very exciting. As traditional and decentralized finance continue to converge, we believe Vertalo’s work with Anduro will provide comfort to their partners that the durability of the Bitcoin blockchain extends beyond BTC and into real world assets.”
This collaboration between Anduro and Vertalo represents a significant step toward merging traditional finance with blockchain technology, bringing real-world assets like whiskey barrels to the blockchain, and offering investors an innovative, compliant way to access these assets.
“Anduro was created to solve mainstream technology problems with Bitcoin and will provide a seamless interface for asset issuers and investors to engage with blockchain-based digital twins of real-world assets,” said Jullian Duran, Product Lead of Anduro. “Avant will simplify fundraising for well-deserving projects and make global capital markets more efficient. With our other product, Alys, serving as the backend blockchain platform, we anticipate creating countless new economic opportunities for honest businesses around the world.”
Alys is currently live on testnet and is expected to launch on mainnet in Q4 2024, following its integration with Vertalo.
