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International Business Times
International Business Times
Technology
Craig Lebrau

Fathom Protocol On A Mission To Innovate DeFi And Amplify The Multi-Trillion Dollar RWA Sector

Liquidity shortage became one of the most troubling concerns facing the blockchain. This prompted the rise of various innovations to tackle the challenge by enhancing liquidity. A notable project that has emerged with potent solutions and a great use case is Fathom Protocolwhich runs on the XDC Network. Besides increasing cryptocurrency liquidity in DEFI, the protocol also has a mission to tokenize real-world assets(RWAs), enforce democratic governance through its native DAO, and foster innovative DEFI investments.

Fathom Protocol has testified its potential to revolutionize the DEFI ecosystem after they recently onboarded Zoth, an onchain marketplace whose mission is providing fixed income opportunities and generous yields by tokenizing real-world assets. One of the products from Zoth is Supply Chain Financing (SFC). According to a news release, Zoth successfully completed two pilots for Supply Chain Financing where each of them made settlements in Fathom Protocol's $FXD.

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