InvestaX launches new digital asset security tied to NFT

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KUALA LUMPUR: InvestaX has launched a new digital asset security tied to an NFT, another ground-breaking investment product that leverages the best of DeFi (Decentralised Finance) and CeFi (Centralised Finance).

Bored Ape #2371 is a Bored Ape Yacht Club (BAYC) NFT that belongs to the most sought-after blue-chip collection to date. BAYC is a technologically distributed, decentralised, community owned asset with its own currency and metaverse.

InvestaX tokenised economic interests in #2371 with the ticker symbol – IXAPE. In another world-first project, InvestaX is giving away 1,000 IXAPE tokens to investors who sign up at InvestaX and IXAPE will also be tradable on its platform.

“It is our honour to name BAYC #2371 Howey Tez, and he will play an instrumental role in the development of digital asset securities and Web 3.0,” said a statement.

“We believe in a decentralised world of finance and are ‘open-sourcing’ this product so others will take our lead and create more new ideas and concepts that we haven’t even thought of yet.

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“The next generation of investment products are using smart contracts and blockchain technologies, creating immense value for those communities involved.”

IXAPE token holders will get an opportunity to explore an entirely new class of digital assets and participate in the potential appreciation and other financial returns associated with owning these assets.

InvestaX builds key infrastructure connecting Centralised Finance (CeFi) and Decentralised Finance (DeFi), enabling anyone to buy, sell, trade, borrow or lend digital assets, instantly, 24×7, across the world.

More details at www.investaX.io – Bernama

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