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WhiteRock, a blockchain-powered brokerage for tokenized equities and bonds, has introduced the launch of its platform, tokenizing NYSE, Nasdaq, and LSE securities on-chain. That is the primary time bridging the normal market with DeFi, making the worldwide monetary ecosystem readily accessible.
Maxime Pizzolitto, co-founder of WhiteRock, stated, “Each inventory and bond is uniquely recognized on a single ledger. WhiteRock is constructing the primary on-chain brokerage to align with this future.”
WhiteRock allows buyers to personal fractional shares of real-world equities in a safe, clear, and accessible method. By leveraging blockchain expertise, WhiteRock facilitates 24/7 buying and selling with out geographical restrictions, democratizing entry to international markets and enhancing liquidity.
Over 500 shares from the NYSE, NASDAQ, and LSE are immediately tradeable on-chain via the WhiteRock platform, with a weekly buying and selling quantity of greater than $100 million. The platform is absolutely compliant with main monetary authorities and regulatory our bodies.
Key WhiteRock Options
- Tokenized Actual-World Belongings
WhiteRock allows customers to commerce and put money into tokenized real-world belongings, together with shares, bonds, and actual property. These belongings are absolutely backed by regulated authorities, making certain safety and compliance.With the platform’s RWA tokenization, buyers achieve publicity to conventional markets utilizing crypto belongings whereas benefiting from blockchain transparency and effectivity.
- USDX: On-Chain Excessive-Yield Financial savings
USDX is WhiteRock’s flagship product. It’s a high-yield stablecoin backed by U.S. Treasury bonds. It provides a risk-free return of roughly 5% yearly. Income from these investments are distributed again to customers, and balances mechanically improve day by day. USDX combines the soundness of a dollar-pegged asset with the incomes potential of U.S. Treasury payments.
- Decentralization and Accessibility
WhiteRock operates totally on-chain, offering customers with permissionless entry to monetary markets with out intermediaries. Trades and transactions are clear, and the platform is on the market 24/7, eliminating the constraints of conventional market hours. This empowers customers worldwide to handle their investments freely and effectively.
- Belief and Safety
The platform companions with trusted custodians, together with BlackRock, StoneX, and First Residents Financial institution, to make sure the safekeeping of consumer belongings. Moreover, WhiteRock’s sensible contracts are audited by OpenZeppelin, a number one blockchain safety agency, offering sturdy safety towards vulnerabilities.
- Easy Consumer Expertise
WhiteRock is designed for simplicity and ease of use, permitting each crypto-savvy and conventional buyers to navigate its options seamlessly. The platform makes use of blockchain expertise to take away pointless friction, enabling cost-effective, quick, and clear transactions.
About WhiteRock
WhiteRock is a decentralized finance (DeFi) platform that allows customers to buy and commerce tokenized real-world belongings, corresponding to shares, bonds, and properties, utilizing crypto belongings. Working totally on-chain, WhiteRock ensures transparency, safety, and accessibility in all transactions.
The platform provides permissionless buying and selling by eliminating intermediaries, permitting customers to have interaction in monetary actions past conventional market hours. The WhiteRock USDX is an revolutionary, on-chain, yield-bearing stablecoin designed to empower customers via realized earnings from safe investments.
USDX features equally to stablecoins like USDT however with a major benefit: earnings are distributed again to customers. The yield is generated from short-term U.S. Treasury bonds, offering a risk-free rate of interest of roughly 5%. Customers’ USDX balances mechanically improve day by day, providing a safe and worthwhile financial savings choice inside the WhiteRock platform.
With a workforce skilled in conventional finance and blockchain expertise, WhiteRock is on the forefront of real-world asset tokenization, bridging the hole between typical and decentralized monetary programs.
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