Persistence (XPRT)

Persistence is a Protocol powering Institutional Open Finance. Persistence bridges DeFi and Traditional Finance by facilitating borrowing of Cryptoassets using Real-world assets as collateral.

Whitepaper

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What is Persistence

The Persistence mission is to facilitate seamless exchange of value around the world to increase the speed and efficiency of cross-border trade and financing to close the 1.6 Trillion financing gap.

Persistence provides a platform to power Debt Marketplaces that match entities with surplus capital (lenders) to entities that require capital (borrowers).

To achieve this, Persistence leverages few key features of the Blockchain / Cryptocurrency ecosystem:

Once a real-world asset has been tokenized into an NFT, it is free to be traded or used as collateral to finance business needs in a quick, easy and global manner.

The need for a solution like Persistence has never been clearer. A sizable and increasing amount of institutional capital and emerging Stablecoins are looking to generate yield. There is an ever increasing need for MSMEs traders and businesses to access financing. Persistence matches the two.

Persistence enables more efficient global capital allocation.