Watr taps Avalanche to bring $20t commodities market onchain
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Watr, a blockchain infrastructure platform, is partnering with Avalanche to bring commodities trading and financing onchain. The collaboration aims to digitize real-world asset trading, utilizing blockchain technology to enhance traceability, compliance, and liquidity in the global commodities market.
April 03, 2025 | 3:15 pm
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POSITIVE IMPACT
Avalanche's partnership with Watr positions the blockchain as a key infrastructure for digitizing commodity trading, potentially attracting institutional interest and expanding its ecosystem.
The partnership directly enhances Avalanche's value proposition by demonstrating its capability to support complex, institutional-grade blockchain applications in a massive market segment. The involvement of financial giants like JP Morgan and Citibank adds credibility.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90