Mandala and TVVIN announce a strategic partnership which will see them combining the strengths in blockchain development, decentralized IDs, and real-world assets. TVVIN will benefit from increased access to the Indonesian market via Mandala, while Mandala can expand its reach through TVVIN’s international connections.
TVVIN, a platform for the RWA tokenization of precious metals, announces its expansion to Polkadot. They will launch their LBMA-certfied gold token VVG and platform utility token TVVIX on Polkadot. The project started its life on Cardano, and the team plans to include them in its omnichain strategy. However, the company feels that Cardano presently lacks the necessary functionality required for RWAs. Polkadot offers immediate solutions, such as comprehensive asset management on Asset Hub, native USDC/USDT, and EVM compatibility. Furthermore, TVVIN plans to make full use of Polkadot's trustless bridging to Ethereum in the near future.