WEEX has launched tokenized gold PAXG and XAUT, and tokenized silver ETF SLVON.

This article is machine translated

Show original

[WEEX Launches Tokenized Gold PAXG, XAUT, and Tokenized Silver ETF SLVON] Mars Finance reports that on December 30th, WEEX exchange announced the launch of tokenized gold spot and contract trading, including PAX Gold (PAXG) and Tether Gold (XAUt), all backed 1:1 by physical gold. In addition, WEEX has also launched SLVON, a tokenized project tracking the world's largest and most liquid silver ETF, iShares Silver Trust. These tokenized projects track real-world gold and silver prices, support 24/7 trading, and allow users to choose contract pairs for leveraged and two-way trading, leveraging the recent surge in precious metals prices to amplify investment returns.

WEEX stated that the platform plans to launch a precious metals zone in the future and list more precious metal tokens such as Matrixdock Gold (XAUM), Comtech Gold (CGO), and Kinesis Silver (KAG) to meet users' trading needs.

Source

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

Add to Favorites

Comments

Relevant content

TechFlow

Using wallet tracking, he turned $50 into a millionaire at age 18.

ROCKY

0.46%

ABMedia

Trump claims China's military exercises around Taiwan have "continued for 20 years" and doesn't believe the situation has escalated! Market forecasts indicate the probability of an invasion is only 0.4%.

PANews

The Federal Reserve meeting minutes revealed a divergence of opinions on interest rate cuts: most officials expected continued easing, but the timing and magnitude remained uncertain.