đVelo Protocol, Lightnet, and EVOLVE announce next-generation multi-asset super appâĄïž
Velo Protocol, Lightnet, and EVOLVE have joined forces to create a next-generation multi-asset super app designed to seamlessly support digital assets, stablecoins, and cross-border settlements with enhanced scalability, security, and compliance.
At the core is EVOLVE Chainâïža purpose-built Layer 1 blockchain developed on Avalancheâs multi-chain architecture. By leveraging Avalancheâs deep liquidity and robust ecosystem, EVOLVE Chain tokenizes Real World Assets (RWAs) that provide yield backing for VELO stablecoins, strengthening liquidity and utility.
VELOâs super app serves as the execution layer for PayFi services, fully integrated with EVOLVE Chain to enable seamless, secure, and efficient asset-backed financial services, including stablecoin issuance, cross-border payments, and DeFi functionalitiesđ
Learn more: https://prnewswire.com/apac/news-releases/evolves-multi-asset-multi-chain-launch-ushers-in-a-new-economy-with-real-world-asset-302569712.html