SDF invested $10 million in NetXD Inc., a Web3 platform for asset securitization and digital asset custody. NetXD will build on Stellar, leveraging its compliance features and native capabilities to enable embedded finance for businesses.
The Stellar Development Foundation announced a $10 million Enterprise Fund investment in NetXD Inc., a platform enabling businesses to manage asset securitization and digital asset custody. NetXD will build asset securitization capabilities on Stellar, using the network as a public blockchain for clients to access greater transparency, lower costs, and expanded digital asset distribution. The partnership combines Stellar's built-in compliance features with permissionless interoperability, offering asset issuers control and safety alongside openness. NetXD serves fintechs, media companies, digital rights owners, and alternative asset managers, targeting Web3 embedded finance use cases.
