Injective, Layer-1 Blockchain optimized for building web3-Financial applications, now offers access to the Veviezenhandel with EUR and GBP pairs. Injectief also introduced Iasset, a framework that makes large traditional finances (Tradfi) assets such as shares, raw materials and now FX possible to move onchain.
The advantage of injection for traditional Forex -markets
Injectief offers continuous forex trade 365 days a year, including during the weekend and holidays when traditional markets remain closed.
Bridging Tradfi with Defi
Certain critical pain points have plagued traditional currency markets. Counter-party risk, a persistent concern for freely available forex trade, is eliminated by smart contract automation and decentralized settlement mechanisms. With the permissionless architecture of Injective, everyone with an internet connection sets access to Forex trade options of institutional quality. Smart contracts can automatically perform complex covering strategies, responding to market conditions and integrating for exposions in real time with broader Defi protocols.
Image: Injective
