We are thrilled to announce a strategic opportunity to significantly increase Empowa’s ability to raise capital and accelerate the funding of our real-world assets (RWAs), specifically, our mission-driven Rent-To-Own home finance. We are preparing to list an investment pool on Textile Credit, a regulated platform designed for tokenizing real-world assets.
This integration is a major step forward, as it will establish a compliant structure allowing a far broader range of investors to directly fund our home loans, providing crucial growth capital for Empowa.
Why Textile Credit is a Game Changer
By utilizing the Textile Credit platform, we achieve two major objectives:
Accessing Capital Beyond Cardano: The platform attracts external capital from diverse communities, including institutional investors, pension funds, and high-net-worth individuals, who typically prefer investing using widely accepted stablecoins and require a regulated framework. This drastically expands our funding sources beyond the current crypto and Cardano ecosystems, allowing us to scale our lending capacity faster.
Empowering Our Core Community: For the first time, this regulated pool allows our core community members to participate directly in the funding of the underlying home loans themselves, not just through purchasing collateral NFTs. Investors can contribute, even in small amounts, and earn a return, , offering a direct, accessible, and less volatile way to earn interest while supporting our real-world impact.
The Need for Stablecoins and Cross-Chain Access
To make this opportunity appealing and viable for both external institutional investors and our community, we must ensure stability and broad accessibility.
The investment pool must be paired to a stablecoin (either local or USD) rather than a volatile non-stable coin like ADA. This is non-negotiable, as financing home loans cannot tolerate the risk of cryptocurrency price volatility.
Since widely accepted stablecoins are not yet natively circulating on Cardano, we need to leverage an EVM-compatible chain that is supported by Textile Credit to host this capital pool.
We are currently evaluating the best host chain for this endeavor, focusing on which option can secure the most outside capital and institutional interest. The top candidates are chains that support either emerging-market stablecoins and USDT or USDC:
- Celo (KES/USDT/USDC)
- Polygon (USDT/USDC)
- Base (USDC)
Crucially, this is not a multi-chain move for Empowa’s core mechanics. The funds raised through this platform simply represent new sources of capital flowing into the Empowa ecosystem. Developers receiving loans from this pool will still be required to provide EMP collateral, ensuring that the core token mechanics and utility remain intact.
Community Consideration: Which Chain is Best for You?
While our primary research will focus on securing the maximum institutional capital, we highly value the convenience and ease-of-use for our dedicated community members.
We are launching a quick survey to gauge interest in participating in this new RWA pool and to understand which of the three potential chains, Celo, Polygon, or Base, would involve the least amount of friction for you to use.
Your feedback will help inform our final decision for launching the initial proof-of-concept pool. We thank you for your continued support as we work to secure new, scalable funding avenues for affordable housing in Africa.
