Mattereum, a London-based initiative, is revolutionizing global trade by bridging real-world assets with blockchain technology. With the rise of cryptocurrencies in 2024, there is renewed interest in the concept of “bull” and the approval of spot ETFs in the United States is paving the way for the adoption of cryptocurrencies and a focus on real-world assets (RWA).
RWA tokens, which are tokens that represent real-world assets, offer a solution to improve the liquidity, accessibility, and efficiency of tokenized assets. By moving trade to the internet, it is estimated that $280 billion in savings can be generated annually, and RWA tokenization provides a blockchain-based solution to achieve this goal.
Mattereum, founded by Vinay Gupta, the former Ethereum launch coordinator in 2015, serves as a legal hub for developers of tokenized RWAs. Its innovative legal tech solution establishes a legal connection between an on-chain token and the physical asset it represents. This is done through the issuance of a Mattereum Asset Passport, which links the token to the physical asset, providing proof of ownership. The Asset Passport also offers money-back warranties on the accuracy of information about an RWA, ensuring transparency for buyers.
Mattereum’s legal infrastructure is based on the United Kingdom’s common law provisions for digital commerce, which are enforceable in over 170 countries. This legitimizes the use of Asset Passports worldwide, eliminating national borders in RWA trading and aligning with the decentralized and borderless nature of blockchain technology.
The platform focuses on high-value assets like gold, real estate, and fine art, as well as assets that have been slow to digitize compared to stocks and bonds. However, the solution is applicable to almost any asset class.
Mattereum provides full legal protection for RWA projects, offering users options for both fractionalized and nonfungible tokenization. Users can create a complete digital twin of an asset by minting an ERC-721 token or fractionalize the asset by minting ERC-20 representatives.
Since its founding in 2017, Mattereum has been working to establish smart contracts on the blockchain as legally accepted contracts. The RWA project began by tokenizing Hollywood collectibles and has since expanded to include gold and real estate.
Mattereum is currently focused on its token sale, with proceeds from the Mattereum Discount Token (MATR) being used to fund company expansion and development. The platform will also feature tokenized and fractionalized gold and real estate.
Vinay Gupta, the founder and CEO of Mattereum, emphasizes the role that Mattereum plays in bridging the gap between blockchain and traditional assets, providing a comprehensive perspective on tokenization that prioritizes legality and compliance.
To learn more about Mattereum and its innovative solutions, visit their website. Please note that Cointelegraph does not endorse any content or product on this page, and readers are encouraged to conduct their own research before making any investment decisions.