Swarm NFT Initiative Brings Gold-Backed Assets to Users Ahead of MiCA
Swarm, the Berlin-based RWA platform founded by innovator Timo Lehes, is revolutionizing the non-fungible token (NFT) space with its brand-new gold-backed product ahead of the European Union’s new MiCA regulation.
What’s Next For Swarm
According to CoinGecko, the emerging tokenized gold industry is currently valued at around $1.15 billion. Swarm is getting ahead of the industry’s competition by exploring ways to provide easy-to-use applications for assets it has already brought on the chain.
The Swarm team is now working on several critical lending platform integrations between the DeFi ecosystem and the RWA space.