WhiteRock Launches Direct Tokenization Platform of NASDAQ, LSE, and NYSE Securities; Bridging the Gap Between Traditional Markets with DeFi

By Chainwire

London, UK, December 24th, 2024, Chainwire

WhiteRock has announced the launch of its direct tokenization platform for NYSE, Nasdaq, and LSE securities. This is the first time a platform is bridging traditional finance with decentralized finance (DeFi).

This blockchain-powered decentralized brokerage platform guarantees immutability, transparency, and trust in every transaction, with no hidden fees or third-party interference.

In a statement by the co-founder, Maxime Pizzolitto, "Every stock and bond, uniquely identified on a single ledger. WhiteRock is building the first on-chain brokerage to align with this future."

Over 500 NYSE, NASDAQ, and LSE stocks now directly trade on-chain through the WhiteRock platform, with a current weekly trading volume of over $100 million. WhiteRock fully complies with major financial authorities, ensuring regulatory clarity for its users.

Features of WhiteRock

WhiteRock consists of diverse products that the company plans to unveil in phases. However, the first phase is already live, while the other phases are currently in active development.

Phase 1 (Live) Tokenized assets, $WHITE and USDX

WhitRock's trading infrastructure is currently operational, with bonds and equity are already live on-chain. Additionally, the $WHITE token has been unveiled, and users can now buy USDX, a native stablecoin, to gain on their USD. 

Phase 2: Lending Platform

WhiteRock users can borrow from its native stocks and bonds, which are all backed by institutional-grade risk management frameworks. The platform also allows other existing real-world asset (RWA) protocols to use their tokens as collateral to access liquidity.

Phase 3: Expanding USDX

At this phase, the WhiteRock team plans to expand the stablecoin USDX across the DeFi ecosystem and ensure that major DEX integrations, cross-chain functionality, and yield optimization strategies are built into the token. 

Phase 4: WhiteX and WhiteNetwork

WhiteRock is working on building its WhiteX, the lightning-fast orderbook DEX, on its token's regulatory-compliant WhiteNetwork blockchain. This would ensure the creation of permissionless markets for any financial asset.

Phase 5: Expand Tokenization on WhiteX

A global tokenization platform that brings IP rights, real estate, and commodities on-chain. The mission is to ensure that any asset that holds value can be tokenized and traded on the WhiteRock platform.

About WhiteRock

WhiteRock is a new-generation decentralized finance (DeFi) platform that empowers users to buy and trade tokenized versions of real-world assets such as stocks, bonds, and real estate using crypto assets. Built entirely on the blockchain, WhiteRock delivers unmatched transparency, security, and accessibility for all transactions.

By removing intermediaries, the platform enables permissionless trading, allowing users to participate in financial markets 24/7 without being restricted by traditional operating hours.

Unlike conventional stablecoins like USDT, USDX offers a unique benefit: it redistributes potential profits directly to users. With USDX, users see their balances grow daily, making it a secure and lucrative savings option within the WhiteRock ecosystem.

Website: https://whiterock.fi/

Social Media

Twitter: https://x.com/WhiteRock_fi

Telegram: https://t.me/WhiteRock_Fi

Reddit: https://www.reddit.com/r/WhiteRock_Fi /

GitHub: https://docs.whiterock.fi/

Contact

BD
Noam Levy
Whiterock
noam@whiterock.fi

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