Novastro Raises $1.2 Million
in Seed Round
to Bring RWA Solutions
to MoveEcosystem
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Novastro , the pioneering Layer2 RWA chain building tokenisation, trading and
yield platform for Real World Assets, today announced it has raised $1.2
million in seed round funding led by Woodstock, with participation from
Faculty group, Double peak group, Cogitent, X21 and Sam Tapaliya.
Novastro chain allows users to access and utilize tokenised yield and trading
opportunities from Real World assets across EVM & Non-EVM Chains. The
platform has demonstrated significant traction during its Testnet V1,
generating over $25 million in total value locked, attracting 400,000 total
users, and processing more than 2 million transactions on the chain.
Novastro also announced its participation in Movement Labs accelerator
program, the Move Collective where it will be among the first to build and
deploy on the Movement Network, bringing its future yield technology to
Movement s high-performance blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн infrastructure.
Sponsored
Sponsored
This funding accelerates our mission to revolutionize how users access
and optimize yield from RWAs across the blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн ecosystem, said
Shreedhar Shreenivasa, CEO of Novastro . By unlocking tokenised yield
and trading opportunities from Real-World assets, we re solving a
critical capital efficiency problem for users. Building on Movement
Network s infrastructure allows us to deliver this solution with
unprecedented scalability and near-zero transaction costs, setting the stage
for rapid expansion of our RWA trading and yield platform.
Through its integration with Movement, Novastro will develop a Layer 2
blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн supporting both Move and Solidity smart contracts. This integration
leverages Movement s advanced infrastructure to deliver unprecedented
scalability, superior security , and dramatically reduced transaction costs.
Users will benefit from enhanced cross-chain liquidity solutions and seamless
interoperability between Move and EVM ecosystems.
For more information about Novastro and its RWAfi solutions, visit
Novastro.xyz
About Novastro
Novastro is a Layer 2 chain for RWA powered by AI that integrates MoveVM and
EigenLayer AVS, delivering Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum-level security and Move’s scalability to
unlock tokenised yield opportunities across RWAs & DeFi protocols. The
network s framework is centered around $RUSD, a stablecoin designed for
Real World Assets, enabling seamless tokenization , trading, and yield
generation. Novastro offers end-to-end regulatory compliant Turnkey
Tokenization Services for projects seeking to tokenize all types of RWAs.
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