NetXD announces the launch of a full-stack infrastructure bridging traditional (TradFi) and decentralized finance (DeFi), combining programmable ledger, real-time payments, and stablecoin support.
The platform offers a programmable ledger, global payments hub, bank-grade HD wallet, Large Action Model (LAM), and AI engine for institutions to manage tokenized products, money movement, and back-office workflows.
This release follows the U.S. Senate's passing of the GENIUS Act, emphasizing the need for compliant digital-asset infrastructure.
Key benefits include XD Ledger for tokenizing assets, XD Payments for unified payment processing, XD AI for automation of contracts and operations, and an Enterprise HD Wallet Suite for self-custody.
NetXD aims to streamline operations and drive innovation for financial institutions without the burden of complex integrations, according to Chairman Suresh Ramamurthi.
The platform allows institutions to execute transactions across various blockchains and dApps, offering cost savings, speed, and compliance at scale.
The infrastructure supports real-time payments through different rails and blockchain networks, including stablecoins, for enhanced efficiency.
NetXD's AI engine automates middle- and back-office tasks, turning contracts and policies into executable workflows with audit trails.
The Enterprise HD Wallet Suite ensures secure access to multiple chains and tokens, including stablecoins, with advanced security measures.
Financial institutions can tokenize deposits, settle transactions, enforce governance, and automate processes using NetXD's infrastructure.
The integration of traditional and decentralized finance allows for seamless money movement and product management.
NetXD promotes innovation and customer-centric services by simplifying processes and reducing operational costs.
The platform's release aligns with regulatory efforts to establish compliant frameworks for digital assets, endorsing the significance of fully collateralized infrastructures.
Financial institutions can leverage NetXD's solution to enhance their digital offerings and streamline operations in the evolving finance landscape.
The announcement marks a significant step towards bridging the gap between traditional and decentralized finance systems, catering to the evolving needs of the financial industry.