The DeFi solution brings liquidity pools and AMM algorithms to STOs and TSOs
IX Swap, a decentralized exchange for security tokens and tokenized stocks, has announced the launch of its initial decentralized exchange offering (IDO) on September 8th. Occam, ETHPad, Poolz, and a yet to be announced Tier 1 IEO platform will be conducting a large token sale to be disclosed at a later stage.
The project has garnered the attention of important players in the industry thanks to the problem it solves for a promising addressable market. The IX Swap Team has commented on its outlook ahead of the IDO. “There’s growing interest among institutional investors for DeFi solutions that are accessible to them by virtue of being compliant with regulatory requirements and speaking the same language as traditional finance. Security tokens and tokenized securities are the bridge between these two worlds. We’re frankly surprised that the opportunity to provide liquidity for these markets has been overlooked by the industry,” said Julian Kwan, Co-founder, IX Swap.
As a DeFi solution, IX Swap tackles the lack of liquidity that is present in security token offerings (STO) and tokenized security offerings (TSO) by using recent advances in the technology within that context. It is the first to provide liquidity pools and implement an automated market maker (AMM) algorithm for these types of assets. This allows holders of these tokens to use them for trading, staking, liquidity mining, or borrowing and lending.
Solving this problem opens wide doors for DeFi and the blockchain industry as a whole. An estimate of over $7.5 trillion dollars in private assets could benefit from breaking the liquidity barrier that has thus far held back many large investors from participating. In this sense, IX Swap is bridging the gap between centralized finance and DeFi in an efficient and compliant way. STOs will effectively become “a new way to IPO.”
This has led an important number of venture…
