By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Polygon has successfully completed the upgrade from MATIC to POL, but all eyes are on the powerful RWA project Rexas Finance (RXS): Here’s Why
Share
Notification Show More
Latest News
Over 42,000 inactive and expired commercial registrations cancelled in Oman
Gulf
NCSA president meets Belgian Minister of the Interior
Gulf
Piyush Goyal discusses trade ties with Canadian counterpart; to lead high-level delegation to Canada next year
Business
Bahrain-Italy Relations Reach New Heights During Official Visit
Gulf
Kuwait steps up security overhaul
Gulf
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Uncategorized > Polygon has successfully completed the upgrade from MATIC to POL, but all eyes are on the powerful RWA project Rexas Finance (RXS): Here’s Why
Uncategorized

Polygon has successfully completed the upgrade from MATIC to POL, but all eyes are on the powerful RWA project Rexas Finance (RXS): Here’s Why

News Room
Last updated: 2024/09/14 at 4:07 PM
News Room
Share
4 Min Read
SHARE

Polygon recently announced its major migration from MATIC to POL as part of its phase 2.0 roadmap. While the upgrade aims to improve platform performance, the new POL token did not receive a positive reception in the market, with its price falling by over 10.7% immediately after the migration. On the other hand, Rexas Finance, a newcomer in the space, has garnered significant attention with its token presale. The first stage presale of 1,500,000 RXS tokens sold out in just 72 hours, raising $450,000. This success has positioned Rexas Finance as a promising project in the tokenization of real-world assets (RWA).

Rexas Finance is gaining traction in the crypto world as it offers investors the opportunity to invest in high-value assets like real estate, gold, and other commodities using its native RXS token. This democratization of elite assets provides retail investors with access to markets that were previously inaccessible to them. Additionally, Rexas Finance offers staking options for RXS token holders, allowing them to earn passive income and participate in the ecosystem activities. With a structured tokenomics model that promotes security and growth opportunities, Rexas Finance appeals to both short-term and long-term investors.

The success of Rexas Finance’s presale can be attributed to its unique project features that have attracted investors. The platform’s ability to tokenize real-world assets and offer passive income opportunities through staking has resonated with the crypto community. The project’s tokenomics, which allocated 450 million tokens to the presale out of a total of 1 billion and included incentives for staking, has created a favorable investment environment. Rexas Finance’s focus on early investors for high stakes and high returns, combined with staking rewards, has positioned it as an attractive investment opportunity.

As the second stage of Rexas Finance’s presale continues, investors have the opportunity to purchase RXS tokens at a reduced price of $0.04. To participate in the presale, individuals can visit Rexas Finance’s website, connect their wallets, and take advantage of the opportunity before the current stage ends. With the platform’s innovative approach to real-world asset tokenization and the ongoing success of its presale, Rexas Finance is positioning itself as a key player in the crypto space. Investors looking for a promising investment opportunity may find Rexas Finance’s project features and tokenomics appealing.

In conclusion, while the migration from MATIC to POL on Polygon did not have an immediate impact on the market, Rexas Finance has captured investors’ attention with its innovative approach to real-world asset tokenization. With the ongoing success of its presale and the opportunity to participate in the second stage at a reduced price, Rexas Finance is proving to be a promising project for both short-term and long-term investors. By offering access to high-value assets, passive income opportunities through staking, and a structured tokenomics model, Rexas Finance is stealing the show in the crypto world.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room September 14, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Collaboration between EAA Foundation, Ministry of Finance Qatar, and World Bank to enhance global education outcomes
Next Article UAE facilitates swap of 206 prisoners of war between Russia and Ukraine
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Over 42,000 inactive and expired commercial registrations cancelled in Oman
Gulf December 6, 2025
NCSA president meets Belgian Minister of the Interior
Gulf December 6, 2025
Piyush Goyal discusses trade ties with Canadian counterpart; to lead high-level delegation to Canada next year
Business December 6, 2025
Bahrain-Italy Relations Reach New Heights During Official Visit
Gulf December 6, 2025

You Might also Like

Uncategorized

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

July 1, 2025
Uncategorized

The Myriad Redefines Student Living for a Mobile, Urban Generation

May 27, 2025
Uncategorized

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
Uncategorized

Qatari Citizens and Residents come together for Eid Al-Fitr Prayers and Celebrations in Photos

March 30, 2025
Uncategorized

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Uncategorized

PIF introduces $7 billion Murabaha Credit Facility for the first time

January 6, 2025
Uncategorized

Pound Sterling Price Update and Prediction: GBP strengthens as risk sentiment improves

January 6, 2025
Uncategorized

Preventing Stomach Flu in Children during Winter: Tips from PHCC Expert

January 6, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?