{"data":{"id":8519,"name":"Xend Finance","symbol":"RWA","slug":"xend-finance","category":"token","description":"## What Is Xend Finance (RWA)?\n\nThough it started out as a blockchain-based DeFi platform inspired by traditional credit unions, it has evolved into pioneering the tokenization of real world assets. \n\n\n\nYou can read more about our evolution to Real World Assets Tokenization on our [Whitepaper](https://whitepaper.xend.finance/)\n\nXend Finance is at the forefront of financial innovation, bridging the gap between traditional finance (TradFi) and DeFi. Expanding on its current infrastructure suite which includes [Auto Yield](https://autoyield.xend.finance/), [SwitchWallet](https://switchwallet.io/), [XendBridge](https://xendbridge.com/), [MADWallet](https://madwallet.io/) and more, Xend Finance is introducing the tokenization of real-world assets, including real estate, art, stocks, intellectual properties (IPs), and more. \n\nThe existing ecosystem that offers services like yield aggregation, fiat-to-crypto on/off ramp, multi-chain wallet and wallet infrastructure, allows users on Xend Finance to effortlessly acquire fractional ownership of these tangible assets, providing a gateway to exclusive investment opportunities that were once limited to a select few.\n\nMoreover, Xend Finance is committed to democratizing wealth creation, making once-inaccessible investment opportunities, such as real estate and stocks, available to everyone. This innovative project extends its capabilities to not just individual retailers but also small and medium enterprises (SMEs) and big Institutions. This inclusive approach breaks down financial barriers and geographical constraints, ensuring that individuals from all backgrounds can take part in wealth-generating opportunities and raise capital from diverse sets of investors and investment sizes.\n\n\n### Who Are the Founders of Xend Finance?\n\nAronu Ugochukwu is the CEO and co-founder of Xend Finance. He has also founded Wicrypt and Ugarsoft and co-founded Ogwugo.\n\nAbafor Chima is the chief technology officer and co-founder of Xend. Previously, he worked in Ogwugo, Ugarsoft, ByteWorks Technology Solutions and Chevron. \n\n\n#### What Makes Xend Finance Unique?\n\nXend Finance is not just a platform; it's a catalyst for democratizing global financial markets, providing access to a wide array of investment opportunities, and empowering individuals and businesses to navigate the evolving landscape of finance.\n\nWith a user-friendly interface, Xend Finance simplifies the process of accessing and managing diverse assets within a single ecosystem. Users can seamlessly switch between TradFi and DeFi. \n\nXend’s blockchain technology ensures seamless visibility into asset ownership, transaction history, and underlying asset details. The move towards transparency establishes a foundation of trust and accountability within the platform, contributing to a more inclusive and dynamic financial ecosystem.\n\n\nXend Finance is community-focused and community-governed. Xend uses a decentralized autonomous organization ([DAO](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao)) mechanism for governance.\n\n\n#### Related Pages:\n\nLearn more about [Chainlink](https://coinmarketcap.com/currencies/chainlink/).\n\nLearn more about [1inch](https://coinmarketcap.com/currencies/1inch/).\n\nLearn about crypto debit cards on [CMC Alexandria](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards).\n\nEnhance your knowledge of crypto with the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).\n\n\n#### How Many Xend Finance (RWA) Coins Are There in Circulation?\n\nXend Finance (RWA) has a maximum supply of 200,000,000 tokens, and no circulating supply data is available as of March 2021.\n\n\n### How Is the Xend Finance Network Secured?\n\nXend Finance is based on the Binance Smart Chain. It is secured by a Proof of Staked Authority (PoSA) consensus mechanism, where 21 validators can stake the BSC’s native token [BNB](https://coinmarketcap.com/currencies/binance-coin/).\n\n\n### Where Can You Buy Xend Finance (RWA)?\n\nYou can trade Xend Finance (RWA) on the following exchanges:\n\n\n\n*   [Uniswap (V3)](https://app.uniswap.org/#/swap?chain=arbitrum&inputCurrency=0x3096e7bfd0878cc65be71f8899bc4cfb57187ba3&outputCurrency=0x82af49447d8a07e3bd95bd0d56f35241523fbab1)\n*   [Gate.IO](https://gate.io/trade/XRWA_USDT?ref=3018394)\n\nRead CoinMarketCap’s comprehensive guide on [how to buy Bitcoin](https://coinmarketcap.com/how-to-buy-bitcoin/) to learn more.","dateAdded":"2021-02-19T00:00:00.000Z","actualTimeStart":"2021-03-23T14:45:00.000Z","status":"active","isBn":0,"subStatus":"normal","icoStatus":"active_ico","notice":"Xend Finance has undergone a rebranding, and the ticker has been changed from $XEND to $RWA. 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