Blubird Embarks on a Strategic Partnership with Redbelly Network to Transform Tokenization of Real-World Assets

We are proud to announce a strategic partnership with Redbelly Network, a trailblazer in the Layer 1 blockchain ecosystem, projected to secure a position among the top 5 globally in Real-World Assets (RWA) Total Value Locked (TVL) by Q3 2024. With over $2.3 billion US already poised to move on-chain, Redbelly is set to outpace major players like Solana, Avalanche, Polygon, and Optimism, in rankings for RWA total value locked.

Redbelly Network at a Glance:

•  Poised to be a top-tier player in RWA TVL globally with significant on-chain commitments.

• Partnership with Hutly for the tokenization of $1.8 billion in rent rolls.

• Collaboration with prestigious partners including the DFCRC, the Australian Research Council, the University of Sydney, and the Commonwealth Science and Industrial Research Organisation’s (CSIRO) Data 61.

• Set to be a dominant force in RWAs with Blubird as a key player in tokenization efforts.

Partnership Dynamics:

This partnership heralds a significant integration, as we set to incorporate Redbelly's L1 technology in both our decentralized deployer and main app deployment module. This integration facilitates the tokenization of RWAs and the deployment of tokens, marking a pivotal advancement in the field. We are honored to be recognized as a key strategic partner for compliant asset tokenization on Redbelly, highlighting our expertise and commitment to excellence in the blockchain space.

As our preferred L1 solution for the tokenization of commodities contracts, Redbelly Network's innovative approach aligns perfectly with our mission to provide seamless and compliant tokenization solutions. This collaboration is further solidified by our receipt of a grant in the RBN Community Grant Program, earmarked for chain integration, treasury rewards, and other milestone developments, underscoring our commitment to this partnership.

A New Era in Blockchain Technology:

Redbelly's distinctive features, including its game-changing scalability, safety achievements, and groundbreaking consensus scalability (DBFT), set a new standard in the blockchain industry. With endorsements from traditional finance leaders and a robust pipeline of over $2.3B+ RWA TVL for 2024, RBN is positioned to redefine the landscape of RWAs.

Our integration into Redbelly's Node Operator Program, including running a Node on both Testnet and Mainnet, exemplifies our dedication to this partnership and our role as a preferred partner in their blockchain ecosystem.

Looking Forward:

As we embark on this journey with Redbelly, we are not just forging a partnership; we are setting the stage for a transformative impact on the tokenization of real-world assets. This collaboration represents a convergence of expertise, technology, and vision, promising to unlock new possibilities and drive innovation in the blockchain space.

We invite our community and stakeholders to join us in this exciting phase of growth and innovation. Together with Redbelly, we are committed to pushing the boundaries of what's possible in blockchain technology and RWA tokenization.

For more information about Redbelly and to stay abreast of developments in this transformative partnership, please visit Red Belly Network's Website and follow us on our respective social media channels.

About Blubird:

Blubird is a leading blockchain technology company dedicated to simplifying and securing the tokenization process for real-world assets. With a focus on innovation and compliance, Blubird empowers businesses and individuals to leverage the benefits of blockchain technology, driving efficiency, transparency, and security in digital asset management.

About Redbelly Network:

Redbelly Network is an innovative Layer 1 EVM-Compatible blockchain platform designed for the tokenization and management of real-world assets. With its advanced scalability, safety features, and groundbreaking consensus mechanism, Redbelly is redefining the standards of blockchain technology, paving the way for a more secure, efficient, and accessible digital asset ecosystem.