StrikeX — The RWA Revolution is here….

TradeStrikeBVI
StrikeX
Published in
4 min readApr 6, 2023

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StrikeX: Tokenisation of Real World Assets (RWA)

The tokenization of RWAs is becoming a major narrative in the cryptocurrency industry, and here at Strike, we are positioning ourselves to be at the very forefront of this exciting trend. Industry giants like Citigroup and Blackrock have projected an 80-fold increase in the sector, with 10% of global GDP expected to be tokenized by 2030, creating an opportunity in the trillions of dollars.

Over the last two years, here at StrikeX, we have been methodically laying the foundations for an ecosystem capable of delivering the full potential of tokenized RWAs.

Our ecosystem consists of six major components, each of which has been carefully considered and developed to maximise the benefits of this exciting new sector:

• TradeStrike
• Stock Token Bridge
• StrikeX Wallet
• TradeX
• Xchain
• STRX

TradeStrike

TradeStrike is our flagship centralised trading platform designed to offer a fast and user-friendly trading experience for both novice and experienced traders. It will utilise our Stock Token Bridge, allowing us to provide a diverse range of tokenized assets to our users, creating a trading platform unlike any other.

Learn more about TradeStrike here.

TradeStrike: 24/7 Tokenised RWA Marketplace
TradeStrike: 24/7 Tokenized RWA Marketplace

Stock Token Bridge

Our Stock Token Bridge will be a vital component of our ecosystem that enables the creation of tokenized assets that are fully backed by the underlying real-world asset, giving users confidence that their investment is backed by a valuable tangible asset. We intend to ultimately offer our Stock Token Bridge through API to institutional players, expanding the reach of tokenized assets beyond our TradeStrike platform, whilst onboarding institutional volume to our ecosystem.

StrikeX Stock Token Bridge: fully backed by the underlying real-world asset (RWA)
StrikeX Stock Token Bridge: fully backed by the underlying real-world asset (RWA)

Xchain

Institutional-grade infrastructure is essential to our ecosystem, so we’re developing our custom Private Proof-of-Authority EVM-compatible network, Xchain. It will consolidate all our current and future products, providing institutional-grade services whilst setting new benchmarks for security and utility.

Learn more about Xchain here.

Xchain: Institutional-grade private POA blockchainStrikeX Xchain blockchain Consensus Mechanism
Xchain: Institutional-grade private POA blockchain

StrikeX Wallet

Our vision for StrikeX Wallet is to allow users to hold their cryptocurrencies, publicly traded stock tokens, and other digitised assets in self-custody without relying on a “trusted third party.” This approach isn’t meant to eliminate centralised exchanges, but to create a seamless transition from centralised finance to decentralised finance (C2DeFi) within the StrikeX ecosystem. By doing so, we can improve efficiency while giving users unprecedented control over their assets. A multi-asset self-custody wallet with C2DeFi capabilities offers numerous use cases; it protects users from exchange hacks, collapses, or fund mismanagement while empowering them to take ownership and control of their assets.

Download and learn more about our StrikeX Wallet here.

StrikeX DeFi Crypto Wallet: Self-custodial cryptocurrency wallet
StrikeX DeFi Crypto Wallet: Self-custodial cryptocurrency wallet

TradeX

At StrikeX, we understand the sheer potential of decentralised markets, so much so that aside from the development of our centralised trading platform TradeStrike, we have developed and launched our very own DEX — TradeX. Whilst our V1 is live, it shows only the tip of the iceberg of what it can become. Hedging our bets that Defi is here to stay, and regulations allowing, we will continue to evolve TradeX in such a way that it becomes the DeFi mirror image of our TradeStrike platform, and of course, once more, STRX will take centre stage as the native currency.

Learn more and trade on TradeX here.

TradeX: Portfolio tracking decentralised exchange
TradeX: Portfolio tracking decentralised exchange

STRX

At the core of our ecosystem is STRX, our native currency. It will be used throughout our ecosystem and will be the primary currency used in the Stock Token Bridge. As more institutions and investors begin to embrace tokenized assets, the demand for STRX will continue to grow.

Learn more about STRX here.

STRX: Utility token
STRX: Utility token

In summary, we are building an ecosystem that will make the tokenization of RWAs accessible, secure, and seamless for all retail and institutions alike. With our multi-faceted ecosystem, we believe we’re in a solid position to become a leading player in the growing tokenization of the RWAs market. By integrating all of these components into a cohesive ecosystem, we are set to be able to provide users with a suite of truly ground-breaking tools to explore and enjoy the RWA revolution.

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Bringing retail investors the tools they deserve to succeed in the digital asset market. #ForThePeople