×
Sunday, May 19, 2024

IX Swap Brings Green Finance for DeFi - GlobeNewswire

Last updated Friday, November 5, 2021 03:00 ET , Source: NewsService

11/05/2021 / SubmitMyPR /

Singapore, Singapore, Nov. 05, 2021 (GLOBE NEWSWIRE) -- IX Swap, a decentralized exchange for security tokens and tokenized stocks, has announced a partnership agreement with blockchain-based green finance platform Likvidi. The deal will allow the two companies to launch a next-generation, transparent secondary market for sustainable investments. More specifically, the Likvidi platform is opening up opportunities to invest in digital assets in the sustainability sector, starting with high-yield green bonds that can yield between 5-12% annually.

The joint project is a result of IX Swap and Likvidi teams’ commitment to impact investing and blockchain-based digital securities that offer better transparency for investors and are more efficient. Both companies are acting in accordance with the 2015 Paris Agreement and the ongoing Cop26 meeting in Glasgow, Scotland.

“Our existing DeFi ecosystem largely revolves around the ability for cryptocurrencies and NFTs to be staked, borrowed, and lent. The current DeFi applications for STOs are limited to none despite the exponential growth of the STO market. IX Swaps seeks to provide the necessary infrastructure to provide secondary liquidity to all STOs globally and seeks to accelerate the adoption of STOs through valuable partnerships like Likvidi who bring real assets onto the blockchain,said Aaron Ong, Co-Founder of IX Swap.

”Our tokenized green bonds together with IX Swap’s automated market making and liquidity pools will bring...

Original Source of the original story >> IX Swap Brings Green Finance for DeFi - GlobeNewswire