SettleMint Joins Forces with XDC Network for Tokenization Push

Belgium-based fintech SettleMint has partnered with UAE-based XVC Tech, the venture capital arm of the XDC Network. The two companies will collaborate to support tokenization on the XDC Network, which has already seen over $1 billion in tokenized real-world assets (RWAs) traded.

The partnership aims to provide a platform for regulated market participants to access blockchain infrastructure built specifically for real-world assets, payments, and trade finance. SettleMint will join existing validators on the XDC Network, including Animoca Brands, BCW Group, and SBI Holdings.

XDC Network's focus is on bridging the gap between traditional finance and decentralized networks through its open-source, EVM-compatible Layer-1 blockchain built for payments, trade finance, and real-world assets. The network has seen significant growth in tokenized value, with RWAs making up 71.5% of the on-chain composition as of May 2026.

The Asia Pacific asset tokenization market is expected to reach $6.19 billion by 2033, a 44.1% Compound Annual Growth Rate (CAGR) from 2026 to 2033, according to Grand View Research.