Odaily Planet Daily News According to official news, at 11:00 on March 22, Eastern Time, the composite structure RWA asset on-chain solution, WAT Protocol (WorldAssets Protocol) has been officially launched. The WAT protocol aims to promote the efficient on-chain and liquidity optimization of real-world high-quality assets (RWA).
The first institutions to support the WAT protocol include visual chip technology company Aupera and Canadian real estate fund group Johome. The two parties have officially signed a contract to support the protocol and will start TGE trading soon. The first phase of online assets are the equity and US dollar dividend rights of Aupera and Johome, totaling US$40 million in assets + 10% annualized US dollar dividend injection, and an additional 4.2 million USDT will be provided as liquidity support. The WAT protocol provides an efficient solution for the on-chain of high-quality assets in the real world, bringing more RWA investment opportunities to Web3 users.
The launch of the WAT protocol marks another major breakthrough in the RWA field, which will further solve the problems of asset on-chain and liquidity optimization, and promote the deep integration of Web3 and traditional finance.