Xalts and Avalanche have announced a deepened collaboration to bring enterprise-grade real world asset tokenization solutions to institutions. This partnership will provide ready-made solutions for financial services, governments, and enterprise developers seeking to create digital asset platforms for implementing blockchain, tokenization, and smart contract applications across various use cases, including the tokenization of funds, securities, commodities, trade finance assets, digital currencies, and CDBCs.

Xalts specializes in connecting financial services and businesses by leveraging modern technology, including APIs, Blockchains, and Orchestration layers. Its product suite includes the RWA Cloud platform, designed to help large institutions like financial services and governments rapidly build complex solutions on blockchains.

RWA Cloud tackles challenges faced by enterprises and regulators during blockchain implementation, such as maintaining complex rules, workflows, processes, and user compliances mandated by internal or regulatory governance. Enterprises can manage the complexity of processes related to events like issuance, servicing, or transfers by utilizing RWA Cloud’s Smart Workflow Core, an orchestration layer that connects with smart contract libraries and multiple off-chain systems.

This collaboration allows financial institutions to deploy custom blockchain networks that meet specific financial needs and comply with local regulations using Avalanche’s L1 technology. They can also orchestrate and automate their on-chain processes, tokenize digital assets and liabilities on the blockchain via smart workflows using Xalts’ RWA Cloud.

“Our collaboration with Xalts enables us to jointly offer RWA tokenization technology infrastructure and solutions to financial services institutions, including banks, asset managers, and fintechs alike”, said Morgan Krupetsky, Head of Institutions & Capital Markets at Ava Labs.

Xalts recently joined the Qatar Financial Centre (QFC) Authority Digital Assets Lab to test and commercialize real-world asset tokenization use cases. This collaboration comes at a time when global regulators have launched tokenization initiatives, including the Hong Kong Monetary Authority (HKMA) launching Project Ensemble in March 2024, a wholesale central bank digital currency (wCBDC) pilot aimed at creating an interoperable platform. The Monetary Authority of Singapore (MAS) also launched Project Guardian – a multi-year initiative for asset tokenization, and Qatar Financial Centre (QFC) introduced the QFC Digital Assets Framework.

“We are very excited to partner with Avalanche. This will make the development of blockchain and smart contract solutions much more accessible and accelerate enterprise use cases”, said Ashutosh Goel, Chief Executive Officer, Xalts.

“We have an exciting roadmap ahead of us with Xalts as we jointly enable financial institutions across markets in their RWA tokenization journey!”, said Devika Mittal, Regional Head at Ava Labs.

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About Xalts Xalts is a financial technology firm providing enterprise-grade, real-time connectivity between financial services & businesses by leveraging a modern technology stack including APIs, Blockchains & Orchestration layers to automate complex workflows. Xalts is backed by Accel and Citi Ventures and has a presence in Singapore, Hong Kong, India, UAE, and the UK. To learn more about Xalts, visit

CONTACT: For further information please contact the Xalts press office: Bilal Mahmood on bilal@stockwoodstrategy.com or +44 (0) 771 400 7257