AscendEX, a crypto exchange that allows users to buy, sell, and trade various cryptocurrencies, today announced a strategic partnership with Brickken, a blockchain-focused tokenization platform that enables businesses to tokenize RWAs (real-world assets). This collaboration facilitated the integration of AscendEX’s crypto exchange with Brickken’s RWA tokenization infrastructure platform, a move that enabled Brickken to pair its RWA offerings with AscendEX’s crypto trading assets to unlock advanced liquidity (in terms of billions of dollars) for businesses (institutions) and even retail users.
Brickken is a blockchain with expertise in RWA tokenization, allowing businesses to tokenize various real-world assets (such as debt, equity, bonds, real estate, fine art, commodities, and others) into digital assets, enabling them for blockchain-based transfers, trading, and utility on DeFi. Its blockchain platform makes it seamless to onboard and manage a wide variety of RWAs, simplifying the process of tokenizing assets and making them available for usage in the DeFi landscape.
Brickken: Driving Real-World Asset Access Through AscendEX’s Crypto Exchange
Brickken’s partnership with AscendEX showcases its commitment to widening the accessibility of its RWA tokenization network within the larger DeFi and crypto worlds. This partnership marks a milestone for the RWA platform as it integrates with one of the world’s leading crypto exchanges, a move that enables it to enhance asset tokenization across various digital businesses.
Formerly recognized as BitMax, AscendEX is a global cryptocurrency exchange that allows users to access a comprehensive product suite, including futures, margin, and spot trading for multiple crypto assets. The Singapore-based platform is a global crypto exchange that serves customers across multiple countries worldwide, offering basic and advanced trading features, alongside DeFi yield/ trading access, staking, and OTC services.
The above alliance integrates Brickken’s digital asset platform with AscendEX’s established crypto exchange, enabling a new gateway for accessing RWA tokenization. Through AscendEX’s global community reach, Brickken will broaden its RWA services, providing secure, cost-efficient solutions to enterprises and investors seeking to tokenize any kind of financial instruments.
AscendEX’s strong ecosystem, including its vast network of crypto trading assets and DeFi platforms, will substantially bolster Brickken’s market accessibility. By integrating with AscendEX, Brickken ensures increased liquidity and enhanced investor access, a strategy that helps it to accelerate RWA adoption among institutional customers and retail customers.
On the other hand, this partnership is also crucial for AscendEX. With its integration with Brickken, AscendEX is set reach new heights. This arrangement enables it to leverage Brickken’s infrastructure to introduce a new category of RWA assets on its crypto exchange, bringing new, untapped trading opportunities (like tokenized commodities and others) to crypto users worldwide.
Advancing DeFi Effectiveness with Cross-Chain Network Integrations
AscendEX’s success in crypto trading, joined with Brickken’s expertise in RWA tokenization, sets a foundation for an innovative DeFi marketplace. By combining their respective decentralized networks, AscendEX and Brickken are setting the stage for a new standard in cryptocurrency trading. Giving traders and investors the ability to trade crypto assets together with RWA tokens enables such users to unlock massive value and grow their capabilities. The partnership marks another step forwards creating an interoperable, innovative, and secure financial ecosystem.
