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WEEX has listed tokenized gold PAXG, XAUT, and tokenized silver ETF SLVON.
BlockBeats News, December 30, WEEX announced that the platform has launched PAX Gold (PAXG), Tether Gold (XAUt), and other tokenized gold spot and contract trading, all backed 1:1 by physical gold. In addition, WEEX has also launched the tokenization project SLVON tracking the world's largest and most liquid silver ETF iShares Silver Trust. These tokenization projects track the real-world prices of gold and silver, support 24/7 trading, allow users to choose leveraged and both-way trading on contract pairs, and take advantage of the recent surge in the precious metals market to amplify investment returns.
WEEX stated that the platform plans to launch a precious metals zone in the future and will list more precious metal tokens such as Matrixdock Gold (XAUM), Comtech Gold (CGO), Kinesis Silver (KAG), to meet users' trading needs.
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