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Blockchain

Swarm launches world-first tradable stocks and bonds on chain

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Swarm, the regulated blockchain platform, today announces the launch of a world-first public investment offering for AAPL. TSLA, and two US Treasury Bond ETFs on-chain.

The fully asset-backed tokens are available on the Polygon blockchain for both retail and institutional investors, with no minimum investment. Trading is available from Thursday 24/7 and compliant under German regulation on Swarm’s permissioned DeFi platform.

It is the first service of its kind for investors looking to access real world assets using digital blockchain technology, while meeting full regulatory requirements to provide complete confidence to users.

Hedge funds and institutional investors can now access stable and secure global markets 24/7 through Swarm. For those already on-chain, including stablecoin issuers and treasury managers, it means they have less volatile assets to deploy into without needing to leave the DeFi ecosystem.

The token offering initially includes AAPL and TSLA stock, iShares US treasury bond 0-1 year ETF and iShares US treasury bond 1-3 year ETF. Swarm will add more stocks and real world assets in the future.

Timo Lehes, co-founder of Swarm, comments: “Swarm is the first entity to offer and trade tokenized T-bills and stocks via a regulated and decentralized platform. We operate within the German regulatory environment, meaning we can issue and trade real world assets on blockchain, unlike any other entity.

“We have started with stocks and bonds, and will soon extend this to any asset that needs to be traded on a regulated platform, from carbon credits to real estate or private holdings. To date, traditional market participants have not had a comprehensive and regulatory compliant solution for issuing and trading real world assets on-chain.

“The FTX and Celsius crises last year only highlighted key structural and regulatory weaknesses in the market, demonstrating that crypto collateral is too highly correlated and easy to manipulate. Regulation, in the right parts of the ecosystem, is critical while decentralization enhances the transparency required to build trust.”

Swarm does not take custody of the asset-backed tokens, which are controlled by battle-tested code. They can be added to liquidity pools to earn yield, or kept in investors’ own Web3 wallets.

The ISIN-based tokens benefit from the trust and stability of traditional markets plus the flexibility and greater access to global liquidity, at lower cost, on the blockchain. Stock and bond certificate tokens are integrated with traditional financial markets and can be redeemed for the value of underlying real world asset.

Lehes adds: “Today’s announcement is significant for both DeFi and TradFi. There is clear demand for high quality assets to become available on-chain. Institutional participants will now be able to deploy assets from traditional markets via blockchain through Swarm.

“Swarm is a hybrid platform, combining the depth of liquidity and value of traditional financial markets with the advantages of blockchain technology. We are the only trusted platform that institutions with a fiduciary responsibility can use to issue, trade and manage quality collateral on-chain with confidence and in a decentralized way.”

The tokens are issued by SwarmX GmbH, a wholly owned subsidiary of Swarm Markets GmbH, under a prospectus registered with the Financial Market Authority in Liechtenstein and passported into Germany. Secondary trading activities are regulated by Germany’s Federal Financial Supervisory Authority (BaFin), and can be accessed on Swarm’s permissioned DeFi platform.

Notes to editors

  • SwarmX GmbH, the issue of the stocks and bonds tokens, is a wholly-owned subsidiary of Swam Markets GmbH. All published prospectus and notifications for the certificate tokens can be found under the ESMA prospectus registry (search for keyword “SwarmX”).
  • Trading activities on Swarm infrastructure fall under the purview of BaFin in Germany. Read more about our regulatory status here.
  • Available assets:

Token

Final Terms

Security Type

ISIN

xToken

AAPL

PDF

Equity

CH1231365359

(WKN 865985, US0378331005)

Polygon: Native Asset

TSLA

PDF

Equity

CH1247816114

(US88160R1014)

Polygon: Native Asset

TBONDS01

PDF

Bond ETF

CH1237059089

(WKN A2PBNP, IE00BGSF1X88)

Polygon: Native Asset

TBONDS13

PDF

Bond ETF

CH1237059071

(WKN A2DN9Z; IE00BYXPSP02)

Polygon: Native Asset

Blockchain

WadzPay Plans to Expand Portfolio into Stablecoin Business

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WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.

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Blockchain

RevoluGROUP Announces CEO and Director Stepping Down

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Blockchain

ZettaBlock announces the addition of blockchain data

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zettablock-announces-the-addition-of-blockchain-data

ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.

By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.

ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.

Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.

The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.

Source: cryptonewsz.com

The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.

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