Changelly has added SOLO, the primary token of a securities tokenization platform Sologenic, to its expansive catalog of more than 160 cryptocurrencies available for exchange. With this listing, Changelly users, SOLO adopters and other crypto fans will now be able to quickly swap Sologenic’s token with other digital assets at both fixed and floating rates.
The listing is expected to provide an increase in trade volume for Sologenic. At the same time, the platform’s users will get access to greater asset liquidity. SOLO is built on top of the XRP Ledger network, connecting traditional financial markets with crypto.
Sologenic specializes in the tokenization of security assets, so better access to swaps and fiat currencies that Changelly provides will be a boon for the platform. With higher transaction speed, its on-demand tokenization can work more efficiently.
Bob Ras, the Sologenic co-founder, sees a great opportunity in this listing:
“Changelly is one of the earliest companies which offer cryptocurrency exchange services with a wide global reach. Sologenic ecosystem is attracting more attention within the crypto space every day, and the demand is rising. I believe the listing of SOLO on Changelly will bring great value for both sides as well as to the traders who are interested in trading SOLO from every corner of the world.”
Eric Benz, Changelly CEO, was also very enthusiastic about the new partnership, stating:
“Sologenic is one of those companies I have been following for some time. The approach to utilizing the XRP ledger network is genius and they have managed to build a very respectable product, which continues to develop. Changelly will provide SOLO to all its customers and partners and help increase the access to the token and help further support the growth and development of the community.”
Sologenic is a sophisticated ecosystem built on top of the XRP Ledger. It facilitates investing and trading between crypto and non-blockchain assets such as stocks, ETFs, and commodities from top 30+ global stock exchanges.
Changelly is a non-custodial instant cryptocurrency exchange, which means that no user funds are held by the service. Changelly acts as an intermediary between crypto exchanges and users, offering access to 150+ cryptocurrencies. The company’s mission is to make the exchange process effortless for everyone who wants to invest in cryptocurrency.
For those looking to exchange crypto on-the-go, Changelly offers its official mobile app with fixed-rate exchanges, available for download on the AppStore and Google Play. For those who would like to exchange crypto at a floating rate, Changelly offers the industry-low fee of 0.25% for all crypto-to-crypto exchanges.
Changelly offers its API and a customizable payment widget to any crypto service that wishes to broaden its audience and implement new exchange options. The platform also provides an Affiliate program with a 50% revenue share mechanism.