IX Swaps Security Token Solutions See Successful IDO And IEO

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

IX Swap is the first decentralized exchange for security tokens and tokenized stocks. The project has focused on bridging the gap between CeFi and DeFi by providing liquidity for these markets which have been historically underserved in the blockchain industry. These could open a $7.5 trillion opportunity once traditional investors realize the many use cases of STOs and TSO’s including “a new way to IPO.”

The solution built by the IX Swap team consists in applying recent developments in DeFi and making them available to investors who seek more traditional and compliant ways of using these new tools. Specifically, bringing automated market maker algorithms and liquidity pools to STOs and TSOs is the key to unlocking their potential. It will provide the necessary infrastructure for large institutions to hold, trade, stake, borrow, lend, and even participate in liquidity mining with digital assets with built-in compliance.

Many investors have realized that the industry needs this “Uniswap for security tokens.” Leading blockchain investment firms such as SMO Capital, Token Bay Capital, Baksh Capital, JST Capital, Faculty Capital, COSIMO Ventures, Tokenomik Inc, Soul Capital, and N2H4 Capital have backed IX Swap with over $1.75 million. The project has also been supported by a fast-growing community that participated in an ambitious multiplatform launch for the IXS token.

On September 8th, IX Swap had simultaneous success with a sold-out IDO on the popular Occam and Poolz trading platforms and being featured on KuCoin Spotlight ahead of an 80x oversubscribed IEO. It also listed IXS/USDT as its first CEX trading pair on KuCoin and  IXS/WETH as its first DEX trading pair on Uniswap. The team shared a recap of everything that happened.

Furthermore, IX Swap is engaging with its community by offering staking, liquidity mining, and vesting until the project launches its platform in Q1 2022. The staking rates were recently announced to be at an 88 percent APY when holders lock their funds for a 90 day period. Likewise, liquidity mining went live on September 16, offering up to 2,500 percent APY with no lock ups. These programs, along with recent developments, make IXS an important new opportunity in the blockchain space for both large and small investors.

Image Sourced from Monccur PR

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.