In a significant step toward the digitization of real-world assets, Watr, a blockchain infrastructure platform focused on commodity markets, has announced its migration to the Avalanche blockchain. The move is set to unlock institutional-grade infrastructure and decentralized liquidity for the global $20 trillion commodities industry, including metals, minerals, food, and fuel.
The partnership was officially revealed in a press release shared with crypto.news, highlighting Watr’s aim to bring transparency, traceability, and efficiency to commodity finance and trade by building on Avalanche’s high-performance Layer 1 network.
A Bold Step for Real-World Asset Adoption
Despite the massive value of the global commodity market, blockchain adoption in the space remains minimal. Watr’s integration with Avalanche is positioned to change that by bridging the gap between traditional commodities trading and Web3 capabilities.
“Despite being a $20 trillion industry, real-world assets like commodities have barely scratched the surface of onchain adoption,” said John Nahas, Chief Business Officer at Ava Labs. “Avalanche is built for this exact moment—with sovereign chains, low latency, and institutional-grade performance.”
Leveraging Avalanche’s Ecosystem
Watr selected Avalanche for its robust ecosystem, low-latency performance, and growing institutional support from giants such as JP Morgan and Citibank. The blockchain’s capabilities align with Watr’s mission to transform commodity financing using decentralized identity, traceability, and smart contract technologies.
“Building with Avalanche allows us to leapfrog the development cycle,” said Maryam Ayati, Founder and President of the Watr Foundation. “We can leverage its ecosystem’s size and security to decisively take on this opportunity.”
Tech Stack Built for Real-World Trade
Watr is equipped with a comprehensive suite of tools to support onchain commodity finance:
- WatrMrks: Provides end-to-end traceability for commodities through the supply chain.
- WatrIDs: Decentralized identities for individuals, businesses, and institutions.
- NeoReserves: Liquidity pools enabling DeFi access to real-world commodities.
- VentureStream: A launchpad and investment hub for startups innovating at the intersection of commodities and Web3.
A New Era for Commodity Finance
Founded by veterans from Shell and JP Morgan, Watr’s mission is to digitize and decentralize commodity markets by integrating traditional finance with cutting-edge blockchain tools. Through its collaboration with Avalanche, Watr aims to deliver scalable solutions that solve critical issues in compliance, transparency, and trade financing.
As DeFi infrastructure continues to mature, partnerships like Watr and Avalanche mark a pivotal shift toward real-world asset tokenization and the broader adoption of blockchain across traditional industries.
