The Stellar Development Foundation (SDF) today announced a $10 million Enterprise Fund investment in NetXD Inc., a platform that enables businesses to manage their asset securitization and digital asset custody needs.

This investment will support NetXD to build out their asset securitization capabilities on the Stellar network. Stellar will serve as the public blockchain for NetXD clients, providing greater transparency and auditability, lower costs, and ultimately expanded access to, and distribution of, digital assets. NetXD clients will also benefit from native features offered by Stellar, including speed of transactions, asset clawback and authorization features, and leverage a growing ecosystem.