The market of cryptocurrency is continuously changing and one of the best prospects to invest currently being evangelized is the approval for spot exchange-traded funds (ETFs) for most popular cryptocurrencies. After a massive step towards launching a spot Ether (ETH) ETF, market researchers switched their focus to the next in line. Standard Chartered’s Geoffrey Kendric says Solana and Ripple’s XRP coins may also get popularity as ETFs but he feels that may happen late in 2025 rather than 2024. “For other coins (e.g. SOL, XRP), the markets take a step forward and speculate the listing of the ETF in the long term,” Kendric explained, that for the time being, Bitcoin and Ether will continue to be the market leaders and take up the lion share of market revenue.Even as the hype remains on when Solana and XRP will be awarded an ETF, another coin has even made more news due to better performance—Rexas Finance (RXS). This innovative platform that seeks to concentrate on real-world asset (RWA) tokenization has just surpassed an astonishing $2.75 million in presale funding. Quite similarly, stage 3 of the presale also sold out quicker than the expectation stating the huge popularity of this new token.
Solana and XRP Spot ETFs
With the approval of an important filing in the race to launch a spot ether (ETH) exchange-traded fund (ETF), industry leaders are already wondering which cryptocurrency could be next. Standard Chartered (STAN) said it believes Solana (SOL) or Ripple’s XRP could be the next contenders, but not until 2025. The Securities and Exchange Commission (SEC) on Thursday approved forms 19b-4 filed by would-be issuers. While this is an important step in the race to launch a spot ether ETF, it is only one of two forms that needs approval from the regulator.
Rexas Finance (RXS): The Disruptor of RWA Tokenization
Recognized as a trailblazer in RWA tokenization, Rexas Finance utilizes former assets management practices in a hybrid decentralized finance sphere. Rexas Finance increases liquidity by tokenizing investments in a wide range of physical assets, including real estate, commodities, and artworks making it possible for investors to buy and trade these assets. The total value of the real estate market is estimated at $379.7 trillion with other commodities such as gold valued at approximately $121.2 trillion. This extremely wide market range poses a very big opportunity for Rexas Finance as it allows everyone to invest and own real-world assets easily, fully or shallower, with just a click.Furthermore, Rexas Finance takes a step forward by presenting a simple asset tokenization solution, a token builder that does not require coding. That makes asset tokenization available to everyone, including the mass public and businesses. Every fundraising in the platform’s launchpad that corresponds with the release of the new tokens will enhance the system making it one of the most vital systems for asset management entrepreneurs and innovators.
The explosive growth and possibilities that lie ahead
Concerning the recent activity noticed in the presale for Rexas Finance, it stems from many things, including the major Stage 3 sellout and very many investors seeking shelter from another crypto i.e. HMSTR that dropped to 60% after launching. Currently in Stage 4, where the price of RXS tokens is at $0.060 which is a 100% increase from Stage 1 of $0.030, the attractiveness of high yield to the investors is on. Analysts expect that further pricing of 233% will occur before the tokens are out officially estimating the price at $0.20.Rexas Finance appears to be well positioned to accede to the incrementing demand of RWA tokenization-fit and thus remains a worthwhile market opportunity. Given the relaxed regulatory environment and the increasing demand for smart money, the prospects of Rexas Finance transforming the asset management space and handing out great returns could be in abundance.
To summarise, even as the crypto community waits with heightened anticipation for the nod for spot ETFs for Solana and XRP, Rexas Finance is already repositioning itself in the market. It’s an innovative token whose presale was a huge success and demonstrates a desire to improve on liquidity and adopt a friendly tokenization strategy. Any investor who wishes to harness the potential of real-world assets cannot afford to ignore Rexas Finance (RXS).
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
