About Sologenic (SOLO)
Sologenic (SOLO) is a blockchain-based asset tokenization platform that makes it possible to tokenize assets from both traditional finance and decentralized finance (DeFi) markets. Based on the Ripple ledger, Sologenic is a derivative protocol that enables the decentralized tokenization of securities, commodities, ETFs, and other traditional finance products.
Operating to bridge the gap between centralized and decentralized financial markets, Sologenic is a complex ecosystem that includes a decentralized exchange, dedicated wallet software, and tokenization brokerage.
Sologenic facilitates the tokenization of over 40,000 traditional financial assets, with every derivative token issued via Sologenic functioning as a stablecoin backed on a 1:1 basis. In order to tokenize assets within the Sologenic ecosystem, users and institutions must engage with its tokenization brokerage solution.
Tokenized assets issued through Sologenic can be traded on the Sologenic DEX, which can be used to trade Sologenic-based stocks, commodities, and ETFs. SOLO price is updated and available in real-time on Binance.