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StrikeX (STRX): Reshaping Finance With Tokenization

Intermediate
DeFi
Altcoins
Explainers
May 17, 2024
5 min read
0

The tokenization of real world assets (RWAs) is one of the emerging narratives in the web3 space. Not only will tokenization make the RWA global markets globally accessible, but it will also bring liquidity to a market with traditionally illiquid assets.

As such, blockchain project StrikeX is creating an innovative trading platform to facilitate trading RWA assets, including stocks, commodities and real estate. It also features a web3 wallet and a decentralized exchange (DEX) that lets you immerse yourself in the world of web3.

Let’s examine StrikeX and its efforts to impact the global financial landscape through the tokenization of assets using blockchain technology.

Key Takeaways:

  • StrikeX has created an innovative platform that allows the trading of tokenized real world assets (RWAs), such as stocks and commodities.

  • StrikeX's ecosystem includes a wallet, a DEX, a soon-to-released PoA Layer 1 blockchain and a stock token bridge.

  • STRX, the native utility token for StrikeX, is used to pay for transactions and power the platform's native blockchain.

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