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The WAT protocol is officially launched, supported by Aupera and Johome, with the first phase of RWA assets reaching 40 million USD.
According to Mars Finance news, it was officially announced that at 11:00 AM Eastern Time on March 22, the composite structure RWA asset on-chain solution, WAT protocol (WorldAssets Protocol), has officially launched. The WAT protocol aims to promote the efficient on-chain process and liquidity optimization of high-quality real-world assets (RWA). The first batch of institutions supporting the WAT protocol includes visual chip technology company Aupera and Canadian real estate fund group Johome, both of which have officially signed agreements to support the protocol and will soon begin TGE trading. The initial assets launched are equity and USD dividend rights from Aupera and Johome, totaling $40 million in assets + 10% annual USD 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 real-world assets, bringing richer RWA investment opportunities to Web3 users. The launch of the WAT protocol marks another significant breakthrough in the RWA field, further addressing the issues of asset on-chain and liquidity optimization, and promoting the deep integration of Web3 and TradFi.