Novastro.xyz – GoDaddy customer – (Singapore)
Innovative developers use .xyz domains to build at the crossroads of AI and blockchain technology. AI deployment platform Fleek.xyz aims to redefine cloud infrastructure with decentralized solutions. Crypto startup CryptoPond.xyz powers decentralized AI innovation for blockchain applications. Payments platform Skyfire.xyz combines AI and blockchain to enable autonomous payments for AI agents. In this week’s #AIMonday, we’ll introduce you to a platform bringing AI-driven tokenization and DeFi opportunities to real-world assets: Novastro.xyz.
Novastro.xyz is the online home of Novastro, a blockchain platform designed to bring real-world assets (RWAs), such as tokenized versions of stocks or commodities, onto digital networks. It operates as a Layer 3 (L3) blockchain, meaning it builds on existing blockchain technology to improve security and efficiency. Novastro aims to help users tokenize, trade, and earn from RWAs by using artificial intelligence (AI) and blockchain tools. The platform works across different blockchain networks, helping users interact with both Ethereum-based and other systems. In January 2025, Novastro raised $1.2 million in seed funding, with support from Woodstock, Faculty Group, Double Peak Group, Cogitent, X21, and Sam Tapaliya.1
The platform is part of blockchain company MovementLabs.xyz’s accelerator program, the Move Collective. This program supports blockchain projects that aim to enhance scalability, security, and flexibility. By working within the Movement Network, Novastro seeks to improve transaction speed, reduce costs, and increase accessibility for its users.
Novastro integrates AI in an effort to improve the process of managing and evaluating tokenized assets. AI-powered analytics assist with asset valuation and risk assessment, aiming to increase transparency and security. These tools are designed to make trading and financial activities more efficient, helping users navigate decentralized finance (DeFi) opportunities.
Novastro supports smart contracts in both Move and Solidity, two programming languages used for blockchain applications. It is designed to work with EigenLayer’s Active Validation Services (AVS), which builds on Ethereum’s framework to support validation processes. The platform also includes $RUSD, a stablecoin linked to RWAs, to facilitate transactions and earnings.
The company is founded by Shreedhar Shreenivasa, who serves as its CEO. Before entering the blockchain industry, Shreedhar worked at Uber as a software developer, focusing on ride booking and user experience solutions. He later gained experience in blockchain-based financial tools, working on projects related to decentralized finance, prediction markets, and digital trading platforms. His background informs Novastro’s development and approach to integrating AI and blockchain for RWA tokenization.
Novastro’s domain choice of Novastro.xyz aligns with the broader trend of blockchain and AI-driven platforms using .xyz domains. .XYZ is commonly adopted by emerging web3 projects due to its flexibility and global appeal. Securing Novastro.xyz reflects the platform’s role in digital finance and blockchain-based asset management. Combining AI, blockchain, and multi-network compatibility, Novastro is designed to offer a structured approach to bringing real-world assets onto digital platforms. You can learn more by following the company on X/Twitter @Novastro_xyz and LinkedIn, joining the Discord, and visiting Novastro.xyz.
1.https://beincrypto.com/novastro-raises-1-2-million-in-seed-round/XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
