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October 10, 2023

The RXT-Malaysia Derivatives Vision is Pioneering a Transformative

Cryptocurrency

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The RXT-Malaysia derivatives vision is pioneering a transformative blend of Malaysia’s urban development and the advanced blockchain realm of Non-Fungible Tokens (NFTs).

Bridging conventional finance with digital breakthroughs, this initiative is poised to sculpt urban evolution in one of Southeast Asia’s most dynamic landscapes. Central to this venture is the NFT bond anchored by USDT (Tether), designed to establish a state-of-the-art fintech hub, leveraging blockchain technology, on the waterfront of Penang, Malaysia. With 70% insurance backing and strategic hedging tactics, the remaining risk is adeptly mitigated.

This venture flaunts a robust valuation of $500 million. This audacious endeavor aims to metamorphose both Malaysia’s lively urban centers and serene coastal zones, especially Penang’s waterfront, into a bustling Web3 nexus. Notably, the Malaysian government’s robust support underscores this initiative’s significance, highlighting the potential of Real-World Assets (RWAs) and NFT derivatives in tackling contemporary urbanization dilemmas.

Steering this avant-garde initiative is Rimaunangis, a leading conglomerate dedicated to sustainable agricultural commodity networks. Their core mission? Boosting global food resilience. But Rimaunangis is more than just a corporate powerhouse. This entity leads the digital evolution in Malaysia, as demonstrated by its creation of the country’s inaugural NFT rooted in classic business models.

Rimaunangis’s voyage extends beyond blockchain integration. The firm has boldly ventured into the Metaverse, merging the agricultural realm with the digital sphere. By launching an NFT suite coupled with an investment blueprint, Rimaunangis offers both reliability and compelling potential yields.

In alignment with its expansive outlook, Rimaunangis is gearing up for a monumental debut in the Metaverse. This step underscores the firm’s inventive spirit, spotlighting the harmonious link between time-tested business ethos and digital innovations.

At its core, the RXT-Malaysia derivatives vision epitomizes the flawless fusion of classic finance, blockchain expertise, and urban progression. It not only reflects the evolving dynamics of the digital financial landscape but also boldly illustrates the versatility of NFTs and blockchain mechanisms in uniting the digital with the real. In this journey, it paves the way for Malaysia’s rise as a hub of Web3 creativity.

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