Credder-Clayton and Malaysia GreenX Joint Global RWA Project

Credder, a developer of Real-World Asset (RWA) platforms, and the Klaytn Foundation announced on the 19th that they have signed a tripartite Memorandum of Understanding (MOU) with GreenX, a Malaysian digital asset exchange, to jointly promote the expansion of the 'RWA Token Business Ecosystem.'

Credder is currently tokenizing various digital RWA products listed on the GreenX exchange, including U.S. gold mine mining rights, precious metals, real estate, rare earth elements, and antiques, and presenting them as decentralized finance projects through its platform, 'GoldStation.'

Credder is collaborating with the two partner companies to launch a tokenized securities project linked to U.S. gold mine mining rights in June. This project will be operated in connection with the 'Dignity Token (DIGau),' issued by 'Dignity Gold LLC,' which owns multiple gold mines in the United States. Starting with the 'Dignity Token,' Credder plans to showcase various RWA digital assets traded on GreenX on the integrated Klaytn Pinsia mainnet, scheduled to launch in the first half of this year.

GreenX is a wholly owned subsidiary of GreenPro Capital, a Nasdaq-listed company. In April 2022, it obtained a license from the Malaysian government for digital asset and token securities exchange, as well as Sharia certification. The Sharia certification is granted to companies that comply with Islamic law and is known as a criterion influencing investment choices for investors from the 1.8 billion-strong Islamic community.

Through this collaboration, Credder, the Klaytn Foundation, and GreenX plan to enable the trading of various trustworthy real-world asset-based digital assets certified by the Malaysian government on DeFi platforms, thereby providing global users with more convenient, stable, and diverse investment opportunities.

Lim Dae-hoon, CEO of Credder, said, "With this collaboration, we will rapidly expand the market by launching various RWA products such as real estate and rare earth elements," adding, "We will grow into Asia's largest RWA company through collaborations with numerous global companies in the future."