Watr Protocol Brings $20T Commodities Industry to Avalanche
**Watr Protocol** is launching on Avalanche to bring global commodities trading on-chain, targeting a $20T market.
Key developments:
- Built by veterans from Shell, BP, and J.P. Morgan
- Focuses on metals, fuel, food, and other commodities
- Implements decentralized ID and smart contracts for traceability
- Uses Avalanche's modular architecture for asset-specific chains
The platform aims to enhance transparency and liquidity in commodity markets while maintaining regulatory compliance. This launch represents a significant step toward modernizing traditional commodities trading infrastructure.
[Learn more about Watr's vision](https://www.avax.network/blog/watr-launches-an-avalanche-l1-to-power-the-future-of-onchain-commodities)