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ZIGChain Launches First Institutionally Approved Shariah-Compliant Yield Platform as Nawa Finance Goes Live On-Chain
Globenewswire· 2025-11-28 08:27
Core Insights - ZIGChain has launched Nawa Finance, the first institutionally approved Shariah-compliant on-chain yield platform, marking a significant expansion in its Islamic-finance ecosystem [1][5] - Nawa Finance aims to provide transparent, audited, and Shariah-certified digital yields, addressing the demand for ethical and clear yield opportunities [2][3] Company Overview - Nawa Finance is designed to offer ethical and asset-backed returns on digital assets, built on principles of transparency and security, and certified by Amanie Advisors [6] - ZIGChain is a modular blockchain network that supports scalable and secure DeFi applications, facilitating the issuance and management of asset-backed products [6] Market Engagement - The launch follows a successful soft-launch phase that attracted hundreds of early users and millions in Total Value Locked (TVL) across BTC and ZIG pools [3] - Institutional engagement is increasing within the ZIGChain ecosystem, highlighted by SEGG Media Corporation's $300 million Digital Asset and Tokenization Program and BTCS S.A.'s $30 million allocation [3] Future Developments - Upcoming releases for Nawa Finance include ETH, stablecoin, and real-world-asset yield vaults, along with public Shariah reports and real-time dashboards for capital deployment visibility [4] - Treasury and liquidity products for banks, funds, and fintechs are also in development, further enhancing ZIGChain's offerings [4]