Real-world asset (RWA) protocol Polytrade Finance and DWF Labs have formed a strategic alliance with the aim of combining and meeting RWA demands. The partnership intends to make it possible for organisations and protocols to become a part of Polytrade’s soon-to-be multipurpose hub, the RWA Marketplace, which integrates real-world resources.
Foresight News revealed in March that Alpha Wave, Matrix Partners, Polygon Ventures, and CoinSwitch Ventures led Polytrade’s $3.8 million seed fundraising round. GTM Ventures and Singularity Ventures were among the other investors. Co-founders of QuickSwap Sameep Singhania and Polygon Sandeep Nailwal have both previously supported the company.