NYSE American-listed NFT Limited launches RWAIX trade verification protocol

NYSE American-listed NFT Limited (MI) said on Oct. 13 it launched RWAIX, a protocol designed to verify the identities of online trading counterparties, contract terms, payment completion and product delivery. The company plans to first apply RWAIX to an NFT trading platform operated by a subsidiary. After an independent security review and other checks, NFT Limited plans a pilot involving small-scale real-world transactions within 90 days, in the first quarter of 2027. The company is also considering expanding the protocol’s use to areas including AI computing resource trade verification and remote authorization for robots. The NFT trading pilot will use existing bank payment networks and will not require a separate cryptocurrency. A white paper outlines a proposed RWAIX token for network fees and service rewards, but the company has not issued the token and has not set a launch schedule.