Tokenization of real-world assets becomes a new focus in the Crypto Assets industry

Larry Fink, the CEO of BlackRock, believes that tokenization is the future of finance and a key market evolution. Data shows that as of May 2024, the real-world assets (RWA) market has exceeded $6.6 billion and is expected to reach $10 trillion by 2030.

The World Federation of Exchanges recently published a paper stating that tokenization is a natural advancement in finance. Several large financial institutions, such as JPMorgan and Fidelity International, are also actively entering this field. Custody trusts and clearing companies have completed pilot testing of fund tokenization technology. Deutsche Bank has joined the Monetary Authority of Singapore's Project Guardian, collaborating with multiple banks to explore an interoperable tokenized fund blockchain platform.

Among many projects, IX Swap stands out with its unique approach. IX Swap is an RWA tokenization launch platform and decentralized exchange that facilitates security token trading through licensed custodians. It aims to democratize investment opportunities in the private market and address the liquidity challenges of the tokenization industry.

IX Swap offers the following main products:

1. Secondary trading products: allow trading of security tokens and fractionalized NFTs, providing access to private equity, real estate, and other RWA.

2. Launch Platform: Provides a crowdfunding platform for startups, allowing investors to participate in tokenization transactions.

3. SaaS Solutions: Provide liquidity solutions for RWA platforms, enhancing liquidity through automated market makers and liquidity pools.

4. IXS Token: As the platform's native Token, it is used for fee discounts, access to specific features, and governance.

The IX Swap team began conceptualizing in 2017 and officially launched in September 2021. It was recently acquired by InvestaX's parent company to enhance its ability to address liquidity issues in the industry.

The project has completed multiple rounds of financing, including IDO, IEO, and private placement rounds, with pre-financing valuations ranging from $9 million to $70 million. IX Swap has also established strategic partnerships with several institutions to promote innovation in the RWA market.

Compared to other RWA projects, IX Swap offers a unique compliant secondary trading platform with an operational AMM model and a securities license. However, it still needs to establish liquidity and a user base to compete with larger rivals.

On-chain data shows that the IXS Token has outperformed the market since last November, entering a sustained upward trend. The number of smart wallets and holders is steadily increasing, but the balance growth is not significant. A well-known KOL's large wallet has been found to hold approximately $150,000 worth of IXS Token.

IX Swap has an appealing story and growth potential, but investors should be aware of the volatility risk that may come from its relatively small market capitalization. Additionally, the ever-changing regulatory environment and intense competition are factors that need to be considered. Overall, IX Swap demonstrates unique advantages in the RWA tokenization field, but it still requires time to validate its long-term development prospects.