WOO X Launches Tokenized Product Offering Retail Investors Exposure to U.S. Treasuries

IconCrypto News Terminal22 Apr, 2024

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WOO X Launches Tokenized Product Offering Retail Investors Exposure to U.S. Treasuries

WOO X, the decentralized cryptocurrency exchange operated by WOO Network (WOO), has announced the launch of a tokenized product that provides retail investors with exposure to U.S. Treasuries, according to Coindesk. WOO X’s product is facilitated through OpenTrade, an institutional-grade tokenization platform based in London, U.K. “This is the first product that will allow retail investors to gain exposure to U.S. Treasuries via a centralized cryptocurrency exchange,” said a WOO X representative. “By supporting the trading of tokenized Treasuries, we aim to offer investors the opportunity to invest in safer, high-quality financial assets, which in turn will help with portfolio diversification. This will further bridge the gap between traditional finance and the crypto industry, providing users with a more seamless investment experience.” Previously on April 22, 2024, WOO X announced the launch of a tokenized product giving retail investors exposure to U.S. Treasuries.

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