Web3Port Pumps $100M into Novastro for RWA Liquidity Boost

Web3Port Foundation has committed $100 million to enhance liquidity on Novastro, the first Real World Asset (RWA) project on Movement Labs. This strategic partnership aims to optimize price stability, reduce slippage, and improve market efficiency, driving further adoption of RWA tokenization and blockchain-enabled asset management.

Novastro, a leading Layer 2 blockchain on Movement Labs, holds a unique position as the first RWA project to leverage Movement’s infrastructure. By becoming the initial Layer 2 blockchain to integrate with Movement Labs, Novastro is setting the stage for the tokenization of real-world assets on a highly scalable, secure infrastructure. With its focus on tokenizing RWAs and providing a seamless DeFi integration, Novastro is pioneering the future of decentralized asset management.

The $100 million commitment will focus on key liquidity initiatives, primarily targeting the $RUSD stablecoin and RWA trading pairs within Novastro’s decentralized ecosystem. By providing dedicated liquidity, Web3Port Foundation aims to:

• Ensure tight bid-ask spreads, deep order books, and price stability around the 1:1 peg of $RUSD through dedicated market making.
• Facilitate efficient arbitrage mechanisms to guarantee accurate price discovery across Novastro’s ecosystem and beyond.
• Enhance liquidity for various Real World Asset (RWA) tokenized pairs, making them more accessible to global traders while ensuring seamless integration and trading opportunities.
• Develop a user-friendly trading interface to provide a seamless experience for traders and asset issuers, showcasing the ease of trading RWA-backed assets and $RUSD, and supporting a wide range of asset types.

Web3Port Foundation will work closely with Novastro’s development team to integrate liquidity mechanisms into the trading interface, improving the efficiency and transparency of tokenized RWA markets. Detailed technical components will be shared with stakeholders as the implementation progresses, ensuring all parties are aligned on how liquidity will be optimized within the ecosystem.

This liquidity growth initiative brings significant advantages for traders, asset issuers, and Novastro as a platform:

• For Traders: Reduced slippage, improved price discovery, immediate execution, and lower transaction costs.
• For Asset Issuers: Enhanced secondary market liquid