TechFlow reports, according to Bitcoin.com, that Polytrade Finance, a real-world asset (RWA) protocol addressing RWA demands, is expected to launch its RWA marketplace in December 2023. The first phase will focus on creating discovery and pricing for all assets, as well as establishing secondary trading for collectible asset categories.
The Polytrade RWA marketplace aims to provide solutions not only for buyers but also for asset originators and secondary sellers. Assets listed on the marketplace will include any items capable of deriving value off-chain, such as treasury bills, real estate, loans, structured finance, and physical collectibles like Pokémon cards, watches, sneakers, and other goods. It could be seen as the "OpenSea for RWAs".
To achieve this goal, Polytrade has partnered with protocols including Ondo Finance, OpenEden, Goldfinch Finance, 4K, Swarm Markets, Pine, Teller, Clearpool, Maple Finance, Unikura, and Atlendis.
Recently, Polytrade announced its participation in Mastercard's Multi-Token Network Innovation Sprint and has been selected into the Mastercard StartPath program.
