IX Swap ($IXS): Revolutionizing RWA Trading in the DeFi Space
In the ever-evolving world of DeFi, IX Swap ($IXS) is making waves as a go-to platform for trading Real World Asset (RWA) tokens. Dubbed the "Uniswap for RWAs," IX Swap is poised to bridge the gap between traditional assets and the crypto world.
IX Swap boasts a strong regulatory foundation, with licenses in Singapore and the Bahamas. The project has garnered support from heavyweight investors, including Coinbase.
In 2023 IX Swap was acquired by InvestaX, a Singapore-licensed tokenization Software-as-a-Service (SaaS) solution. InvestaX recently became the first licensed RWA tokenization platform built on Coinbase’s blockchain, Base. These events have expanded IX Swap's product portfolio and paved the way for IX Swap’s integration with the Coinbase wallet, further enhancing the product’s accessibility and utility.
IX Swap is not just about trading; it's about democratizing access to real-world assets. The platform offers a launchpad allowing investments as low as $1, making it accessible to a wide range of investors.
Additionally, IX Swap plans to introduce staking with attractive benefits, including RWA token airdrops.
$IXS Token
The $IXS token, with a total supply of 180 million and 167 million in circulation, is designed with deflationary mechanics.
These are main features of the $IXS token:
The token is deflationary courtesy of the use of buyback/burns from fees
Holders receive discounted fees by paying with IXS
Staking rewards
Governance/LP rewards coming soon
Investment Potential
At 22/7 we firmly believe in IX Swap's potential and are holders of $IXS.
With actual licences in hand enabling tangible access to liquidity, IX Swap has first-mover advantage in the secondary trading of RWA token.
On the potential, IX Swap is positioned to create fully legal and compliant liquidity pool for a fresh wave of RWA tokens. Moreover, these tokens can then be traded on IX Swap: a fully regulated DEX.
It's important to note the current low liquidity of $2.1M as a risk factor.
To conclude, our tl,dr consideration on IX Swap.
‘Uniswap of RWA’ with first mover advantage in secondary trading of these tokens
They have build a regulatory/licensing moat which enables them to faciliate pools for anyone to launch RWA pool
Coinbase is an investor
B2B strategy. IX Swap can be integrated with any CEX (i.e. Coinbase integrating tech for users to trade RWA directly on Base in a compliant way)
Aside from all of the above, IX Swap has also built a strong community of holders who evangelise the product to the wider investing community