Binance's Early RWA Investment Project
@StableStock
Seamlessly Integrating Traditional Finance On-chain
---------Introduction---------
StableStock is an on-chain stock asset platform that combines traditional finance and decentralized finance.
For family members who love buying U.S. stocks but are troubled by issues like account opening and currency exchange, you are in luck!
SS allows you to buy U.S. stocks directly with stablecoins!
--------->Team
@Zixi41620514 Founder and CEO
Zixi is a co-founder of 10K Ventures and was previously the Crypto head at Matrix Partners, graduating from Nanyang Technological University.
@piginflying Co-founder and COO
Zac Lary, graduated from Huazhong University of Science and Technology, formerly the head of overseas business at Rong360, and worked as a product manager at Baidu in earlier years.
@0xEvieYang CMO
Evie is the founder of JE Labs, the Chief Marketing Officer of StableStock, and has worked at Bixin Ventures and OKX Wallet.
The domestic team has a background in venture capital resources.
--------->Funding
The seed round was led by @yzilabs and Matrix Partners, with the amount undisclosed, but it seems promising.
---------Product Features---------
StableStock collaborates with licensed brokers to use stablecoins for purchasing real-world stocks on-chain.
Tokenized stock assets are stored in a vault and generate income through strategies like DEX liquidity provision, staking, or lending.
--------->Core Modules:
StableBroker: Supports buying stocks with stablecoins using BSC's USDT and USDC.
StableVault: Tokenizes stock assets for on-chain applications, coming soon.
StableSwap: Enables low-slippage exchanges between different tokens, coming soon.
Buying U.S. stocks directly with stablecoins while also being able to use these tokenized U.S. stock assets in DeFi protocols enhances user convenience and improves capital efficiency, breaking the limitations of traditional trading scenarios, how wonderful.
--------->Transaction Fees
The composition of transaction fees is complex, with nearly 0.06% per order, so high-frequency trading users should operate cautiously.
