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WOO X and OpenTrade Unveil Upgraded RWA Flexible Term Vaults with Avalanche Blockchain

by

7 hours ago

The crypto trading platform WOO X has introduced an upgraded version of its RWA Flexible Term Vaults in partnership with OpenTrade, leveraging Avalanche blockchain.

Integration with Avalanche

The upgrade involves integration with Avalanche's innovative Layer 1 (L1) blockchain, expected to enhance liquidity and reduce transaction costs for WOO X users.

Features and Benefits

The new version of RWA Flexible Term Vaults offers features such as instant redemption and daily compounding, addressing the growing demand for flexible and stable investment solutions. This allows WOO X to provide tokenized real-world assets like U.S. Treasury Bills.

Trends and Prospects

This upgrade aligns with the trend of traditional finance entering the crypto space. Tokenized real-world assets are anticipated to reach a market value of $16.1 trillion by 2030.

The partnership between WOO X and OpenTrade supported by Avalanche demonstrates the platform's and its partners' commitment to providing users with efficient financial products at lower costs.

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