IX.Swap, a pioneering DeFi liquidity pool provider and automated market maker for tokenized stocks and security tokens, is debuting on the Cardano (ADA\/USD<\/a>) backed OccamRazer decentralized launchpad. So far, this is the only launchpad to be backed by of\ufb01cial Cardano entities. The IX.Swap IDO (initial decentralized offering) is set to go live on September 8, 2021. \u00a0<\/p>\n

Amazing opportunity for passive returns on security tokens<\/h2>\n
IX.Swap gives security token holders a unique opportunity for passive yields on their holdings by enabling them to become liquidity providers. This is achieved by collecting the security tokens in a liquidity pool in exchange for a portion of the pool fees.<\/p>\n

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Alice Chen, General Counsel and Co-Founder of IX.Swap, says:<\/p>\n
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\u201cAt IX.Swap, we have a vision of transforming the security token landscape signi\ufb01cantly. According to leading banking experts, crypto and digital assets have the potential to replace \ufb01at currencies within the next \ufb01ve years, and we \ufb01rmly believe that security tokens will represent a similar seismic shift in the securities markets. We\u2019re delighted to be working with OccamRazer, another DeFi innovator and Cardano-backed launchpad, to launch our $IXS initial decentralized offering.\u201d<\/p>\n<\/blockquote>\n
Swap is planning to launch core components on the Cardano blockchain. Its ultimate goal is to become the UniSwap of security tokens. It has a deflationary payment and utility token, ticker symbol $IXS, that will augment returns and reward users of the platform, introduce on-chain governance capabilities, and enable payments with IX.Swap partners.<\/p>\n
Elliot Hill, Head of Communications at Occam.\ufb01, says:<\/p>\n
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\u201cThrough IX.Swap\u2019s upcoming IDO, yet another leader joins the OccamRazer ecosystem. We\u2019re constantly reiterating our commitment to bringing quality projects to the Cardano ecosystem, and we\u2019re excited to work alongside IX.Swap as they transform the security token landscape.\u201d<\/p>\n<\/blockquote>\n
Bridging the gap between CeFi and DeFi<\/h2>\n
IX.Swap claims to be the missing link within blockchain infrastructure required to bring the tokenized stock industry and security token to life on Cardano in the wake of the Alonzo hard fork, which led to the release of smart contracts. IX.Swap intends to bridge the gap between centralized \ufb01nance (CeFi) and decentralized \ufb01nance (DeFi) with the lofty goal of becoming the biggest liquidity provider for security token exchanges around the world.<\/p>\n
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