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Variational Raises About ¥7.9 Billion to Expand On-Chain Liquidity for RWA Markets

The company says it has launched perpetual futures (crypto derivatives without expiry) for gold, silver, and crude oil tokenized real-world assets, aiming to connect traditional finance liquidity directly to blockchain markets.

Summary

Variational said it raised about ¥7.9 billion to scale its liquidity model for RWA (real-world asset) markets. The company has launched perpetual futures (crypto derivatives without expiry) tied to gold, silver, and crude oil RWA assets, expanding crypto-native access to commodities exposure through blockchain-based markets. It said the goal is to route TradFi (traditional finance) liquidity directly on-chain, a model aimed at linking established capital pools with tokenized asset trading infrastructure.

Terms & Concepts
  • RWA: Real-world assets tokenized on blockchain, such as commodities, bonds, or other off-chain financial instruments represented digitally.
  • Perpetual futures: Derivative contracts with no expiration date, commonly used in crypto markets to provide leveraged exposure to an underlying asset.
  • On-chain liquidity: Tradable capital available directly on a blockchain network, allowing transactions and market activity to occur through blockchain-based systems.