Startale launches Strium, a Layer 1 for forex and RWA trading

Startale, a Web3 joint venture between Sony and the Astar Foundation, has launched Strium, a Layer 1 blockchain designed to support forex (FX), tokenized stocks, and real-world asset (RWA) trading and infrastructure, Cointelegraph reported. Strium provides a blockchain-based infrastructure that enables 24-hour trading and instant settlement. The platform will initially support trading in synthetic assets based on U.S. and Japanese stocks and commodities, with plans to expand into tokenized stocks and asset-backed tokens for users who complete Know Your Customer (KYC) verification.