Thread by @el33th4xor

Avalanche is becoming the preferred platform for fully compliant blockchain-enabled systems for financial services.

Here’s a few reasons why IntainMARKETS, the first institutional Subnet, is a major milestone for bringing financial assets on chain. /🧵

https://twitter.com/TheBlock__/status/1620437071478362112

$2T of new mortgage-backed and asset-backed securities were created in 2022, but tradfi systems are highly inefficient.

The administration of these assets is handled by disparate parties and multiple intermediaries, resulting in siloed info, high costs, and illiquidity.

.@intainft #ChoseAvalanche for digitizing asset-backed securities because subnets provide the platform they need to create a network with the right regulatory compliance requirements, while achieving low latency and high reliability.

Bundling the entire process into one on-chain marketplace reduces costs and opens the market to more investors.

IntainMARKETS on Avalanche will also deliver real-time transparency for investors and issuers.

With the marketplace operating on its own subnet, it also eliminates any impact on transaction costs or speed on the Avalanche C-Chain and other subnets.

Simply put, subnets provide the world's largest financial institutions a flexible, scalable and secure platform to create systems that are more efficient, more cost effective, and more transparent.
medium.com/avalancheavax/…

The opportunities are endless for what can be built on an Avalanche Subnet, and our goal is to help guide financial institutions building complex blockchain integrations.

What are some other asset classes that would benefit from building on a subnet?