AscendEX has recently partnered with Renta Network. The strategic alliance combines their respective expertise enabling them to develop transformative solutions between the crypto domain and real estate markets.
Through their strategic partnerships, AscendEX utilizes their strong trading infrastructure and Renta implements their blockchain-based property rental ecosystem to open up new opportunities for customers to interact with tokenized real estate properties.
AscendEX: A Global Trading Powerhouse
The trading platform, AscendEX launched in 2018. It supports spot margin and futures trading for its extensive 200 blockchains. AscendEX operates in more than 150 countries where it generates daily volumes in excess of $200 million to provide borrowers with diverse crypto market access.
Retail and institutional investors choose this platform because of its easy-to-use design together with stake-to-earn options that attract investors to emerging digital assets.
Renta Network: Revolutionizing Property Rentals
The OP Stack blockchain technology at Renta Network enables users to access a worldwide property rental marketplace with no commission fees.
PropertyNFT smart contracts enable Renta to tokenize properties thus allowing users to conduct both online and offline payment transactions that minimize fees between landlords and their tenants. OP Stack technology gives the platform AI-powered dynamic pricing functions in addition to decentralized review features which boost trust and transparency.
Through the L2 blockchain, Renta provides its users with both fast operation speed and minimized fees which support its ability to accommodate millions of users world-wide.
New Opportunities for Users
The joint venture delivers major advantages to customers who access either platform. The tokenization of real estate assets will probably happen under the AscendEX listing of Renta’s token which is $RENTA.
Through this integration, users gain access to divide real estate properties into fractional parts which they can trade or invest to expand their real estate portfolio accessibility.
This enables Renta users to perform rental contracts through stablecoins including USDC and USDT through the AscendEX connection which merges practical DeFi capabilities. Renta’s ecosystem receives global marketing support through co-marketing initiatives targeting the users of AscendEX in order to enhance visibility and adoption rates.
A Vision for Web3 Real Estate
Through their joint effort AscendEX and Renta define a new Web3 benchmark that revolutionizes real estate innovation. The collaborative initiative takes advantage of growing tokenization concepts to bring scalable and transparent property rental solutions to the market. Users should anticipate more convenient and efficient real estate interaction as both companies further their innovation in the crypto era.
