Ethereum blockchain has recently buzzed with the news of Rexas Finance (RXS) as it is referred to, a Real-World Asset (RWA) tokenizing platform that is witnessing remarkable adoption. The project is quickly closing the divide between real-world assets and blockchain, and the success of the presale is a clear indication that the project has not gone unnoticed. Rexas Finance has made an astonishing $3,500,000 in a very short implementation of its presale and it shows no indication of decelerating.
What is Rexas Finance (RXS)?
Rexas Finance is a crypto project that is taking a massive leap in attempting to tokenize real-world assets. Anything from real estate to commodities such as gold, and even art and collectibles, Rexas Finance intends to take everything as far as it goes straight into the blockchain. Given that the real estate market is worth around $379.7 trillion, the commodity market is worth $121.2 trillion, and art and collectibles are worth $65 billion in annual sales, the potential market size is worth every bit of its number. Rexas Finance seeks to become a platform that allows for easier access to these high-value assets. It permits everyone to buy or exchange tokenized assets with ease and safety. Rexas Finance, be it total ownership or partial, allows individuals to invest in these hard-to-reach assets that will help in portfolio diversification. The project is native with other token standards including ERC-20, ERC-721, and ERC-1155 all of which provide room for variations of assets to be handled.
$3,500,000 Raised in a Blazing Fast Presale
The Rexas Finance presale can best be described as a runaway success. It began in September 2024 and after three weeks the first three presale stages had already sold out completely. As the demand for RXS tokens increased, the presale quickly moved onto stage four where tokens were sold at $0.060. It seems apparent that there is a lot of excitement within the scope of the project and the rate of capital inflow is testimony to this fact. Only four days after stage four was commenced which was quite a good interval, Rexas Finance managed to pull $3,567,252 bringing the total presale amount raised above $3.5 million. Right now 71.47% of stage 4 is completed and expectedly investors are rushing to make sure that they do not miss out on their portion of the investment.