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Layer2 RWA Chain Enables Users to Tokenise, Trade and Earn Yields from Real-World AssetsSINGAPORE -- <a href="https://www.novastro.xyz/" rel="noopener noreferrer nofollow">Novastro</a>, the pioneering Layer2 RWA chain building tokenisation, trading and yield platform for Real World Assets, today announced it has raised $1.2 million in seed round funding led by Woodstock, with participation from Faculty group, Double peak group, Cogitent, X21 and Sam Tapaliya.<a href="https://x.com/Novastro_xyz" rel="noopener noreferrer nofollow">Novastro chain</a> allows users to access and utilize tokenised yield and trading opportunities from Real World assets across EVM &amp; Non-EVM Chains. The platform has demonstrated significant traction during its Testnet V1, generating over $25 million in total value locked, attracting 400,000 total users, and processing more than 2 million transactions on the chain.Novastro also announced its participation in <a href="https://movementlabs.xyz/" rel="noopener noreferrer nofollow">Movement Labs&#39;</a> accelerator program, the <a href="https://movementlabs.xyz/move-collective/" rel="noopener noreferrer nofollow">Move Collective</a> where it will be among the first to build and deploy on the Movement Network, bringing its future yield technology to Movement&#39;s high-performance blockchain infrastructure.&#34;This funding accelerates our mission to revolutionize how users access and optimize yield from RWAs across the blockchain ecosystem,&#34; said Shreedhar Shreenivasa, CEO of Novastro. &#34;By unlocking tokenised yield and trading opportunities from Real-World assets, we&#39;re solving a critical capital efficiency problem for users. Building on Movement Network&#39;s infrastructure allows us to deliver this solution with unprecedented scalability and near-zero transaction costs, setting the stage for rapid expansion of our RWA trading and yield platform.&#34;Through its integration with Movement, Novastro will develop a Layer 2 blockchain supporting both Move and Solidity smart contracts. This integration leverages Movement&#39;s advanced infrastructure to deliver unprecedented scalability, superior security, and dramatically reduced transaction costs. Users will benefit from enhanced cross-chain liquidity solutions and seamless interoperability between Move and EVM ecosystems.For more information about Novastro and its RWAfi solutions, visit <a href="https://www.novastro.xyz/" rel="noopener noreferrer nofollow">Novastro.xyz</a><h3 id="strong-about-novastro-strong">About Novastro</h3>Novastro is a Layer 2 chain for RWA powered by AI that integrates MoveVM and EigenLayer AVS, delivering Ethereum-level security and Move’s scalability to unlock tokenised yield opportunities across RWAs &amp; DeFi protocols. The network&#39;s framework is centered around $RUSD, a stablecoin designed for Real World Assets, enabling seamless tokenization, trading, and yield generation. Novastro offers end-to-end regulatory compliant Turnkey Tokenization Services for projects seeking to tokenize all types of RWAs.Media contact:Shawn Pereira, CMOshawn&#64;novastro.xyz

Novastro Raises $1.2 Million in Seed Round to Bring RWA Solutions to Move Ecosystem

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