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Kingsley Advani, Founder of Allo, to Announce Expansion in Indonesia with $2bn in assets, at Coinfest Asia 2024

As the largest RWA protocol by assets, with $2bn+ in assets, 1,500+ RWAs and 20,000 HNW clients, Allo empowers users to tokenize, invest and trade any financial asset on-chain.

Kingsley Advani, the founder of Allo.xyz, a platform in decentralized finance (DeFi) and Real World Assets, will be a featured speaker at Coinfest Asia 2024, one of the region’s most anticipated blockchain and cryptocurrency events.

He will be presenting on the transformative topic of "Tokenizing Reality: Real World Assets Redefining DeFi Yields," shedding light on how tokenization is reshaping the landscape of decentralized finance by integrating Real World Assets (RWAs) to enhance yield generation.

Allo is driving a new era of financial innovation, offering unprecedented opportunities for yield generation and asset management on a global scale. As the largest RWA protocol by assets, with $2bn+ in assets, 1,500+ RWAs and 20,000 HNW clients, Allo empowers users to tokenize, invest and trade any financial asset on-chain. In addition, Allo is revolutionizing Real World Assets by simplifying the tokenization and investment process, allowing for instant deal setup, liquid trading, and access to 10+ blockchains and key strategic partnerships with Altlayer and Optimism. The Allo platform make RWAs programmable, by enabling investments into any asset type including private equity, crypto, real estate, and intellectual property.

Advani’s participation at Coinfest Asia underscores Allo’s commitment to leading the charge in the evolving DeFi space. Coinfest Asia, hosted in the vibrant hub of Bali, is a gathering of some of the most influential voices in the crypto world, attracting entrepreneurs, investors, and thought leaders from across the globe. The event serves as a focal point for discussing the future of cryptocurrency and blockchain technology, with Bali emerging as a significant center for crypto innovation.

In conjunction with his speaking engagement, Allo is thrilled to announce the opening of its new office in Indonesia. This strategic expansion highlights Allo’s dedication to fostering growth and innovation in Southeast Asia, a region that is rapidly becoming a global hotspot for blockchain and cryptocurrency activities. The new office in Indonesia will not only support Allo’s operations in Asia but also enhance its ability to collaborate with local talent, businesses, and regulatory bodies to further advance the adoption of DeFi solutions.

Bali, known for its thriving digital nomad community and burgeoning crypto ecosystem, is the ideal location for Allo’s regional headquarters. The island’s increasing crypto presence, combined with Indonesia’s forward-looking approach to digital finance, creates a fertile ground for Allo’s innovative solutions.

About Allo

Allo.xyz is the world’s largest RWA protocol by assets, with $2bn+ in assets, 1,500+ RWAs, and 20,000 HNW clients enabling users to tokenize, invest and trade any financial asset on-chain. Allo leverages a proprietary fund administration RWA ledger to increase speed, efficiency and reduce cost, supporting multiple blockchains including BNB Chain, Polygon and OP stack.

Allo Social Media: LinkedIn | Twitter

About Kingsley Advani

Kingsley Advani is the founder of Allo, the world’s largest Real-World Asset (RWA) platform, and Allocations, one of the world’s largest fund administration platforms. As a global leader in RWA and fund administration, he has made over 200 angel investments, including 30 unicorns such as Solana, Coinbase, Robinhood, SpaceX, and eToro.

Kingsley Social Media: LinkedIn | Twitter


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