TON users gain access to RWA markets with new integration
Together with CurioDAO, RWA tokenization provider CurioInvest expands its portfolio of supported blockchains with TON integration.
Ever imagine owning a fraction of a 1969 Chevrolet Camaro Z28 for a couple of bucks, or being able to cash it out with ease whenever needed?
Real-world asset (RWA) tokenization is an approach that carries both traditional and alternative asset classes —such as classic cars, — onchain and creates cross-border, liquid and accessible markets for them. However, the industry has yet to tap its full potential.
It’s hindered by the lack of better interoperability, as blockchains are siloed ecosystems by their nature, and users of one blockchain cannot interact with the others without interoperability solutions.
On the financial side, the requirement to fully own a luxury asset may act as an entry barrier for average investors.
An RWA ecosystem lowers those barriers with fractional ownership and fosters interoperability by integrating diverse chains. Now, it is launching on The Open Network (TON) blockchain .
RWAs coming to TON
CurioInvest is an RWA tokenization platform focusing on bringing alternative assets, including art, collectibles and commodities, to the blockchain. Together with CurioDAO, they seek to create a liquid secondary market where investors can easily trade such assets. Allowing fractional ownership renders previously inaccessible asset classes open for small-scale investors.
The Curio ecosystem recently announced its integration with the TON chain to enhance its blockchain infrastructure and support a more efficient tokenization process. TON is a layer-1 blockchain developed by Telegram and operated by the community.
The integration with TON is a progressive one. Curio recently launched the TON restaking program in closed beta and a Substrate-based tesnet that will be used as a layer-2 for the TON network.
The L2 features stTON staking in delegated proof of stake (DPoS) . An stTON adapter currently being developed will provide a gateway for converting different liquid TON tokens — Tonstakers, Hipo and Whales — to stTON on the Substrate network.
The project plans to upgrade its DPoS consensus mechanism to liquid DPoS, introducing tTON token during the process. A liquid staking protocol on the TON network is under development as well.
Curio is a comprehensive ecosystem composed of a vast number of platforms with varying functionalities. Among them is Capital DEX , a multichain automated market maker (AMM) for swapping and bridging integrated tokens. Home to farming pools, staking on AMM provides users with an additional way to earn rewards. As part of the integration process, Capital DEX will also be deployed on the TON network. Additionally, Capital DEX will be a mini app within Telegram Mini Apps . This will allow Capital DEX to access Telegram’s over 900 million active users via Mini Apps.
To advance the integration, Curio prepares a fully functional TON-Substrate bridge solution and aims to upgrade the network to TON’s L2 rollup solution .
Advanced onchain interoperability
Since its inception in 2018, CurioInvest has successfully tokenized a collection of luxury assets, from bonds to physical RWAs such as cars and wines, and it intends to expand the range of tokenized assets.
Featured tokenized items. Source: Rollapp
In accordance with its mission to connect traditional finance with DeFi, the protocol introduced new public sector solutions for central banks. It plans to continue assisting central banks by developing liquidity management solutions.
The project’s Polkadot-based blockchain, Curio Chain, is compatible with Ethereum Virtual Machine (EVM) , allowing cross-chain transfers between Polkadot and Ethereum ecosystems. The protocol plans to expand its EVM support by enabling EVM-compatible tools for DEX and staking, enhancing interoperability.
Committed to interoperability, Curio’s short-term goal is to “abstract” all chains integrated into the ecosystem, such as TON, EVM L2, RGB, Taproot Assets and Solana. Abstraction enables users of one chain to interact with others without the need to set up new accounts.
“At CurioInvest, we envision a future where investment opportunities are democratized and accessible to all, leveraging the power of blockchain technology to bring transparency, liquidity, and inclusivity to the financial ecosystem, said Curio CEO Rey Fernando Verboonen, adding:
“As we launch CurioDAO Web3 public sector tools today, our recent developments in integrating TON and offering solutions for central banks exemplify our commitment to innovation and financial stability.”
Curio is also launching in the Bitcoin ecosystem with Curio BitSpectrum , an RGB-based protocol focusing on developing the Bitcoin layer-2 ecosystem. The protocol aims to bring real-world assets and DeFi capabilities to the Bitcoin blockchain while improving scalability.
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