The backbone of the Security Token Exchange, using liquidity pools and automated market makers (AMMs), sets it apart and makes it powerful in its industry. The ability to execute trades as swaps, facilitated by this technology, is crucial in the tokenization and security token space.
The Security Token Exchange comes with a range of features that include direct trading of security tokens, participating in liquidity pools and staking programs, and having access to the security tokens catalogue.
With the public launch, all of the Security Token Exchange functionalities such as trading, buying, selling, deposit, and withdrawal are now available. We’re also going full speed ahead with our KYC processing (TAT: 1-3 days) and expect to welcome more people to the platform.
The launch is part of IX Swap’s multi-platform roadmap that aims to solve many of the current challenges in the tokenization and security token ecosystem, most notably the persistent liquidity problem in the industry and the high barrier to entry.
According to Julian Kwan, co-founder and CEO of IX Swap, the company’s long-term vision is to become the premier platform for listing and trading security tokens.
“IX Swap has all of the necessary licenses, registrations, and approvals required to launch our new STO platform and provide specialized services to our traders, making us the first movers in the sector,” Kwan explained. “We are excited about providing high-performance trading tools and services to our growing client base around the world.”
As a decentralized exchange, security token swaps will empower both retail and institutional investors to take advantage of the potential of the security token market with unprecedented ease and accessibility through a completely licensed platform.
With security token swaps, companies can now have their security token listed easily, while investors can participate in providing the needed liquidity to facilitate the trading of these security tokens. This democratizes access to new investment opportunities by making it possible for everyone to list their tokens and make them truly tradeable.
Co-Founder & Chief Strategic Officer, Aaron Ong commented,
“We are proud to mark our first major milestone this year by listing the security token of the world’s most valuable sapphire and the world’s first tokenized Ferrari, and position ourselves at the forefront of bringing solutions to an industry-wide problem of liquidity that has plagued the security tokens space ever since,” IX Swap co-founder
“By harnessing the innovations brought by blockchain technology and DeFi, we want everyone to make the most out of their security token experience - whether you’re a company doing your first issuance, a business that wants to invest in a project you believe in, or a retail investor looking for new opportunities.”
As of writing, IX Swap has listed the world’s most valuable sapphire (MSTO) and world’s first tokenized Ferrari (CT1), making them available for anyone who wants to trade or invest in these security tokens.
To get started, just follow these steps:
IX Swap is committed to bringing an easy and seamless security token experience to everyone regardless if it’s the user’s first time to do so or they're seasoned traders looking for new STO opportunities.
Hence, we are continuously working to improve and add new functionalities and features to the whole platform. For security token swaps, here are the available features that you can access once your KYC application is approved:
IX Swap also offers different staking programs that you can participate in without the need to undergo KYC. You can check them out under the Farming tab. For a step-by-step walkthrough, please visit the IX Swap Help Center.
The advent of smart contracts and blockchain has made algorithmic pricing of assets possible.
As a result, the cryptocurrency market stopped relying on order books alone to facilitate trades, which led to a real revolution in the crypto world - with DeFi trading volume seeing exponential growth of US$40 million to over US$40 billion in a span of a few years with the introduction of decentralized exchanges (DEX) and automated market makers (AMMs) into the ecosystem.
IX Swap aims to bring a similar revolution to the security token sector by leveraging automated market maker (AMM) functionalities and liquidity pools built specifically for the security tokens industry and will be the world’s first DeFi project designed to bring liquidity to the secondary trading of security tokens.
AMM is a type of decentralized exchange (DEX) protocol that relies on smart contracts to facilitate the pricing of assets instead of an order book, while liquidity pools allow security token holders to stake their tokens and become liquidity providers.
With the Security Token Exchange's public launch, IX Swap has cemented its first major milestone and is poised to bring the much-needed revolution in the security token industry and bridge the market into the future of modern finance.