Kadena and Brickken Unveil testnet for Real-World Assets
Kadena and Brickken have introduced a testnet for real-world assets (RWAs). This move aims to bridge traditional finance and crypto.
On october 15, Kadena and Brickken launched a testnet for compliant RWAs. This is the first step in a larger plan. They will tokenize $10 million in real assets.The mainnet is set for 2026.
Tokenized RWAs are seen as a key link between old and new finance. KadenaS scalable blockchain and Brickken’s tokenization platform work together. Annelise Osborne,Kadena’s Chief Business Officer,explained,”Brickken’s platform helps us create,manage,and distribute assets on-chain.”
The partnership combines Kadena’s energy-efficient blockchain with Brickken’s tokenization tools. This creates a secure and compliant system. Kadena will handle the tech side. Brickken will manage asset issuance, KYC, and openness.
Edwin Mata, Brickken’s CEO, said, “This partnership sets a new standard for institutional adoption.” They hope to attract more institutions to the blockchain.
RWAs are gaining traction in crypto.The Skynet Report predicts the RWA market could hit $16 trillion by 2030. Tokenized treasuries may drive this growth.
