Thursday, May 14, 2026
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

SIVAX Teams Up With Squid, Pushes Into RWA Territory

by firstcryptonews
May 14, 2026
in Press Release
SIVAX Teams Up With Squid, Pushes Into RWA Territory

SIVAX, an XRPL-based yield platform, has signed on with cross-chain infrastructure provider Squid as part of a wider push to broaden its digital finance offering. The company is also running a limited promotional event that adds up to 2% bonus yield on top of base returns — pushing annualized rates past 7.1% for participants who qualify.

The platform was built around a simple idea: structured yield products shouldn’t require the manual, opaque processes that have traditionally surrounded them. By putting key parts of asset management on-chain, SIVAX is betting that transparency and efficiency can do the heavy lifting that paperwork used to.

XRPL was a deliberate choice. Financial services need infrastructure that settles quickly, keeps transaction costs low, and leaves a clear record of where assets have moved — and the XRP Ledger ticks each of those boxes. That suitability for financial use cases is what put it ahead of other options when SIVAX was deciding where to build.

The Squid partnership is meant to close a different gap. Where XRPL handles settlement, Squid moves liquidity across chains, routing assets between networks without forcing users to navigate the process themselves. For SIVAX, that means smoother subscription, settlement, and redemption flows — and a much easier on-ramp for users coming in from other blockchain ecosystems. Single-chain limitations have long been a constraint for products like these, and tying into multi-chain liquidity is one of the more direct ways to address it.

Real-world assets are the other piece of the roadmap. SIVAX is working on ways to express structured financial products as RWA-based digital assets, so that the underlying value and terms can sit on-chain in a form anyone can verify. The thinking is that traceability and accessibility tend to improve together once products move into that format.

The current promotion adds up to 2% on top of standard yields, which can push annualized returns above 7.1% depending on how a user participates and which terms apply. A SIVAX representative said the event was put together both to give people a reason to try the platform and to flag where the project is heading.

“By combining XRPL’s financial infrastructure with Squid’s cross-chain connectivity, SIVAX aims to build a more accessible and efficient environment for digital asset management,” the representative said. “Our goal is to make structured yield opportunities easier to access while gradually expanding into RWA-based financial solutions.”

The company says it will keep building around the same three priorities — accessibility, efficiency, and transparency — as the service grows. With both blockchain-based finance and real-world asset tokenization gaining traction, SIVAX is positioning itself as a practical option for users who want stronger yields without the friction that usually comes with them.

The promotion is running for a limited window, and actual returns will depend on event terms, eligibility, and market conditions.

Disclaimer: Not investment advice. For informational purposes only. Crypto assets carry significant risk; always perform your own due diligence. The publisher assumes no liability for participation.

Related Posts

Beyond the CEX: How YUBIT’s 500-Asset Platform is Merging Crypto and TradFi

Beyond the CEX: How YUBIT’s 500-Asset Platform is Merging Crypto and TradFi

by firstcryptonews
May 9, 2026
0

The global financial landscape is currently undergoing a "Great Convergence." As the lines between digital assets and legacy markets continue...

Arxia, The Next Major Layer 1, Records First Blockchain Transaction Over LoRa Radio Without Internet, Cellular, or Satellite

Arxia, The Next Major Layer 1, Records First Blockchain Transaction Over LoRa Radio Without Internet, Cellular, or Satellite

by firstcryptonews
May 5, 2026
0

A signed 193-byte Layer 1 transaction transmitted between two ESP32 nodes on the 868 MHz unlicensed band and validated locally,...

Truoux Upgrades High-Performance Matching Engine to Ensure Trading Resilience During Extreme Market Conditions

Truoux Upgrades High-Performance Matching Engine to Ensure Trading Resilience During Extreme Market Conditions

by firstcryptonews
April 22, 2026
0

In the crypto market, the impact of intense volatility has made investors realize the importance of trading infrastructure. Recently, Truoux...

Truoux Obtains US SEC License, Advancing Crypto Financial Compliance

Truoux Obtains US SEC License, Advancing Crypto Financial Compliance

by firstcryptonews
April 22, 2026
0

As institutional funds continue to flow into the crypto industry, the US financial regulatory system has established clear guidelines for...

Truoux Obtains US MSB License, Building an International Compliance Framework

Truoux Obtains US MSB License, Building an International Compliance Framework

by firstcryptonews
April 22, 2026
0

Many countries around the world are strengthening scrutiny and regulatory enforcement on crypto trading platforms, setting higher standards in areas...

ElmonX Brings Baseball’s Holy Grail to the Blockchain with Reimagined T206 Honus Wagner Digital and Physical Drop

ElmonX Brings Baseball’s Holy Grail to the Blockchain with Reimagined T206 Honus Wagner Digital and Physical Drop

by firstcryptonews
April 21, 2026
0

524 digital editions, 20 holographic physical redemptions, and a premium 21-piece companion collection honour the most valuable baseball card ever...

Recommended

Asset G

AssetG Global Tells Us Why Making Money Is The Best Hobby.

5 years ago
Announcing the  World’s First Blockchain-based Auction House ~ BiG Deal ~

Announcing the World’s First Blockchain-based Auction House ~ BiG Deal ~

4 years ago
puregold

PGPay set to start its public sale on 16th November on VinDAX launchpad

6 years ago
Ali Foundation applies blockchain technology to Chinese stem cell business

Ali Foundation applies blockchain technology to Chinese stem cell business

2 years ago
Lithosphere Expands Agent Infrastructure Ahead of Growing Demand for Autonomous Onchain Systems

Lithosphere Expands Agent Infrastructure Ahead of Growing Demand for Autonomous Onchain Systems

1 day ago
BAKAC Coin: A Spectacular Ascendance, Surging 712x, Equivalent to 71,200%

BAKAC Coin: A Spectacular Ascendance, Surging 712x, Equivalent to 71,200%

3 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Lithosphere Expands Agent Infrastructure Ahead of Growing Demand for Autonomous Onchain Systems

Lithosphere Expands Agent Infrastructure Ahead of Growing Demand for Autonomous Onchain Systems

May 13, 2026

Press Release

SIVAX Teams Up With Squid, Pushes Into RWA Territory

SIVAX Teams Up With Squid, Pushes Into RWA Territory

May 14, 2026

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News