Security token offerings (STOs) and tokenized stock offerings (TSOs) are both promising developments for the blockchain and cryptocurrency industry. However, they have historically suffered from low liquidity. This has been a roadblock to their adoption by institutional investors who seek to participate in the burgeoning markets and see STOs and TSOs as their way to do so in a secure and compliant manner.
IX Swap is a decentralized exchange that seeks to solve this problem and tap into what could potentially be a 7.5 trillion dollar opportunity. The trading platform for security tokens and tokenized stocks is ready to launch its initial decentralized exchange offering (IDO) on September 8th as a multiplatform event on Occam and Poolz. Its IXS token has been featured on KuCoin Spotlight since September 3rd with a simultaneous IEO happening on the 8th.
Julian Kwan, co-founder of IX Swap, has commented on his outlook ahead of the launch. “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.”
The project brings liquidity pools and automated market maker algorithms to STOs and TSOs as a DeFi solution that tackles the inherent lack of liquidity in these markets. The result is that these assets can now be traded, staked, borrowed, or used for liquidity mining in ways that were previously impossible.
This solves the problem of the liquidity barrier that prevented large investors from tokenizing trillions of dollars in private assets and using the technology as “a new way to IPO.” IX Swap has already caught the attention of investors such as SMO Capital, Token Bay Capital, Baksh Capital, JST Capital, Faculty Capital, COSIMO Ventures, Tokenomik Inc, Soul Capital, and N2H4 Capital. They recently allocated over 1.75 million to the project prior to its IDO.