Collaterize (COLLAT) Spikes Over 100% Following Exchange Listings

COLLAT, Collaterize’s native utility token, is witnessing a significant price upsurge following support from various crypto exchanges. According to data from CoinGecko, the token is currently changing hands at $0.05199. This represents an impressive 102% surge in a day.

At the time of writing, COLLAT’s trading volume sits at over $22 million, representing a significant 234.10% increase from a day ago. With a market cap of more than $51 million, the token is trading 24.95% below its all-time high of $0.06697. 

Collaterize Captures Market Attention 

The rally coincides with COLLAT’s recent listings on multiple cryptocurrency exchanges, which have amplified its visibility and trading volume. In a post on X (formerly Twitter), the cryptocurrency exchanges BitMart and Hotcoin announced support for Collaterize. The trading pair will be against Tether (USDT).

Gate Alpha, Gate.io’s on-chain trading platform, has also officially listed the token. Users can now buy, sell, or swap COLLAT directly on the platform, enhancing accessibility and giving more exposure to the token. As often seen, listings from reputable exchanges lead to increased demand and price appreciation. This move signals legitimacy to investors, attracting new interest and confidence in the asset.

Aside from the 24-hour price uptick, data from Coingecko reveals that the asset has been in the green zone for the past month. Specifically, COLLAT has surged by over 364.2% and 416% in the past 30 days and two weeks, respectively. This performance signals that the project is experiencing significant growth, thus capturing market attention. 

Earlier this year, Collaterize L1 launched its mainnet. It introduced features like zero gas fees, rapid 4–5 second transaction finalization, and built-in compliance tools tailored for real-world asset tokenization. The platform partnered with Midas, a leading tokenization protocol. The collaboration was aimed at expanding the distribution of Real-World Assets (RWA) and decentralized finance (DeFi) products.

The partnership gives users direct access to a new range of on-chain yield products. These include tokenized treasury and basis trade strategies (mTBILL & mBASIS) and curated DeFi yield strategies (mRE7YIELD, mEDGE, and mMEV).

About Collaterize

Collaterize is a blockchain platform focused on the tokenization of real-world assets. Launched by a team based in France, the project combines traditional asset management with modern blockchain technology. 

The platform aims to bridge the gap between physical assets and digital finance. It does this by providing a structured, transparent, and secure process for asset tokenization. The ecosystem features three key components: a mobile app, a custom-built Layer 1 solution, and a Solana-based token, COLLAT.

Through its custom-built L1 solution, Collaterize ensures that tokenized assets are managed in a controlled environment. The team noted that the infrastructure is specifically engineered to handle the requirements of asset tokenization. This includes secure recording and verification of asset data. By isolating the tokenization process from other blockchain operations, the L1 seeks to improve overall efficiency and security

The mobile app ensures a user-friendly experience for both individuals and institutions. COLLAT, its native utility and governance token, is central to the ecosystem. Holders can participate in platform governance, access token-gated features, and receive rewards through airdrops and other incentive mechanisms.

Overall, COLLAT’s listings on several reputable exchanges have brought more visibility to the token. The platform’s notable advancements have positioned it as a significant player in the evolving landscape of asset tokenization.