Animoca Brands Partners with Rayls Labs to Advance RWA Tokenization

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Derived from Blockchainreporter, Animoca Brands has partnered with Rayls Labs to enhance real-world asset (RWA) tokenization in the Web3 sector. The collaboration aims to streamline the creation of institutional-level tokenized assets, leveraging Rayls Labs' blockchain infrastructure to bridge traditional and decentralized finance. Animoca Brands will use its network to identify asset classes and issuers for tokenization, while both parties will work on structuring tokenization parameters for utility, privacy, and technical details.

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