Tomarket recently secured funding from Bitget Wallet and ForesightX. This cash infusion will allow them to improve their platform, reach a wider audience, and create a better overall user experience.
Tomarket is a one-stop shop for trading new and emerging assets in the crypto world. This includes real-world assets (like property or stocks), crypto bond yield swaps, points programs, and tokens before they officially launch (pre-TGE). The market for these new assets is expected to reach a trillion dollars. Tomarket aims to be the leading platform for trading them within the Web3 space, ultimately creating more value and opportunities for users around the globe.
With their recent investment round, Tomarket plans to focus on making the platform more secure, user-friendly, and feature-rich. Their goal is to provide the best possible trading experience for both users and project participants.
Traditional vs. New Assets
New assets differ from traditional crypto assets like governance tokens or NFTs. They are typically illiquid but have a strong demand for trading. Examples include points from crypto projects, tokens before they officially launch (pre-TGE), real-world assets (RWA), and interest swaps of crypto interest-bearing assets.
Tomarket categorize these new assets into two groups:
Existing within the crypto market: This category includes assets like points and pre-TGE tokens that previously lacked efficient trading solutions. Decentralized platforms have emerged to address this gap, with the annual transaction volume reaching $500 million and growing steadily.
Existing in traditional finance: This category includes assets like interest swaps of crypto interest-bearing assets, which have a much larger potential market size compared to the first category. The traditional financial equivalent, Interest Rate Swaps, accounted for over half of the OTC derivatives market in 2023.
Challenges and a Trillion-Dollar Opportunity
The current crypto market lacks products to effectively handle the trading of these new assets. This creates problems for both buyers and sellers:
Difficulty in price discovery: Without a proper trading market, it's challenging to determine the fair value of new assets like points or pre-TGE tokens.
Limited options for asset holders: Holders often lack ways to lock in the value of their assets before major events or find secure channels to sell them.
Restricted access for investors: Investors interested in buying early-stage or new assets struggle to find suitable purchasing channels.
The combined potential market size of crypto asset benefit swaps and RWA trading in crypto exceeds $1 trillion, highlighting the immense potential of this new asset class.
The Future of New Asset Trading
The crypto industry is undergoing a critical shift, attracting more traditional market investors. Established financial products like RWA assets and interest rate derivatives are poised to enter the crypto space in significant numbers. Tomarket positions itself as a key player in this evolving landscape, inviting users, investors, and crypto enthusiasts to join its community and contribute to the growth of new asset trading. By embracing these new assets, the crypto industry can unlock value for a wider audience.
About Tomarket:
Tomarket is a decentralized marketplace designed specifically for new assets. It utilizes a two-way mortgage system to ensure secure transaction delivery. Additionally, similar to traditional futures markets, Tomarket allows trading of buyer rights and seller obligations. This feature improves market liquidity and facilitates price discovery for new assets.
Tomarket aims to be a community-driven marketplace, with most project tokens distributed as incentives to participants and contributors. Ultimately, it aspires to achieve full decentralized governance.
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