September 09, 2021 - 3 min read
SupraOracles is providing oracle solutions for IX Swap, a leading innovator in STO market making. IX Swap, developed by InvestaX, is the first DeFi market maker for STOs and tokenized stocks. The platform will allow STO/TSO token holders to legally mine for liquidity – an ambitious product that has never been launched before.
The IX Swap team has strong relationships with security asset owners and partnerships with licensed intermediaries, thus mitigating liquidity and legal issues that may otherwise be prevalent. The IX Swap team will also integrate with highly reputable token issuance platforms.
SupraOracles is dedicated to implementing the fastest and most secure oracle services possible. Our team is also excited to introduce the IX Swap team to our institutional and asset-owning partners. As IX Swap continues to grow and change, SupraOracles will thrive to quickly deliver tailored oracle solutions with the capacity to support cross-chain compatibility.
Julian Kwan, CEO of IX Swap, commented: “IX Swap is building key infrastructure to bring DeFi and CeFi together. We believe in the tokenization of all assets and working with SupraOracles, we are bringing the last key pieces of the puzzle together for widespread adoption and massive growth for the industry. IX Swap allows for the creation of liquidity pools for any STO, and working with SupraOracles we will be able to let our customers utilize real-time open data to standardize pricing across digital asset and digital security marketplaces that keep up with their evolving commercial needs. This partnership is going to be huge, we are super excited to work with the team here.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “It’s truly amazing what IX Swap is achieving for the STO market. We will innovate alongside the STO market and IX Swap, meeting their evolving needs and helping them spearhead their vision.”
SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.
Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.
Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.
IX Swap is the “Uniswap” for STOs and TSOs, the regulatory and liquidity solution for security tokens and tokenized stocks.
IX Swap will be the FIRST platform to provide liquidity pools and automated market making functions for the STO/TSO industry. The platform will be the first DeFi platform to facilitate the trading of security tokens through licensed custodians and security brokers which will provide actual ownership and claim over these real world assets.
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