SIX Network Partners with XSpring Digital to Develop Real-World Asset Tokenization Business Opportunities
A Strategic Partnership Collaboration Between SIX Network and XSpring
SIX Network and XSpring Group announce their strategic partnership through a Memorandum of Understanding (MOU) to expand business and investment opportunities in Real World Asset Tokenization technology. This collaboration combines SIX Network’s blockchain expertise with XSpring Group’s digital asset experience to develop comprehensive solutions that meet the needs of business and investment sectors.
About XSpring
XSpring Group is a conglomerate specializing in digital asset tokenization consulting across the Asia Pacific region. XSpring Digital Company Limited, one of the companies under the XSpring Group, has acquired 4 digital asset licenses from the Ministry of Finance to operate digital asset business consisting of : 1) Cryptocurrency Broker, 2) Digital Token Broker, 3) Cryptocurrency Dealer, and 4) Digital Token Dealer and received an approval from the Securities and Exchange Commission as an ICO Portal. Beyond digital assets, XSpring Group also has affiliated companies providing a comprehensive range of financial services to meet client needs, including investment banking, debt financing, wealth management, investment business, and distressed asset management. This diversity of business operations has created a robust and rapidly growing business ecosystem.
About SIX Network
SIX Network is a blockchain technology provider for enterprises and owns SIX Protocol blockchain network, an infrastructure specifically designed to support standardized Real World Asset Tokenization technology. The company is also developing Pas.ss, a user-friendly tokenization platform that streamlines the digital asset conversion process for business and financial sectors.
Advancing Business Opportunities in Real-World Asset Tokenization
Real World Asset Tokenization technology is gaining significant attention from global businesses and financial institutions as a promising investment tool and innovation. The current market value has grown to over US$12 billion and continues to expand, with leading consulting firms projecting a fifty-fold growth potential. This growth is driven by global financial institutions and corporations adopting the technology to enhance asset management efficiency and create innovative investment models. Recognizing this market potential, SIX Network and XSpring Group have agreed to collaborate, leveraging their expertise to develop solutions and create business opportunities.
The partnership will enable both organizations to develop end-to-end Real World Asset Tokenization solutions, encompassing consulting services, technology development, token design, and new business opportunities. They aim to build a robust ecosystem for Real World Asset Tokenization and integrate various assets onto the SIX Protocol blockchain network, while driving the adoption of SIX Network’s technology. Combined with XSpring Group’s expertise, this collaboration will strengthen blockchain solutions across corporate and financial sectors, benefiting their business partners’ network, both locally and globally.
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Learn more about SIX Network
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Learn more about XSpring
Website | XSpring Digital | Facebook
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Note:
1. This announcement is intended for informational purposes only. Please conduct your own research before making any investment decisions related to cryptocurrencies or Token listings.
2. Cryptocurrency and digital Token involve high risk; investors may lose all investment money and should study information carefully and make investments according to their own risk profile.
