Collaterize Launches RWA Platform on solana
collaterize has introduced its Real-World Asset (RWA) launchpad on Solana. This new feature lets users tokenize assets like real estate and private equity. Anyone can now trade these assets on the blockchain.
To start, creators need 100,000 COLLAT tokens, pass KYC/KYB checks, and provide asset documentation.The platform raises 120% of the token price.
Collaterize’s RWA launchpad supports its native token,COLLAT. Creators need 100,000 COLLAT tokens to launch.Each time a token graduates to Meteora,75% of the 5% fee buys back COLLAT. This reduces supply and boosts demand.
Currently, COLLAT trades at $0.038, down 15% in 24 hours. It has retraced over 50% from its mid-May peak. the rally began when Solana co-founder Anatoly Yakovenko shared the launchpad demo on X. This sent COLLAT from $0.20 to $0.90 by May 20.
