Victoria, Seychelles, June 28th, 2024, Chainwire

In a strategic move poised to reshape the landscape of decentralized trading, Bitget Wallet has announced a joint investment with Foresight X in Tomarket, a pioneering platform designed to cater to emerging asset classes beyond traditional decentralized exchanges (DEXs). Developed by experts from industry giants like Binance and Microsoft, Tomarket aims to facilitate the trading of Real World Assets (RWA), crypto asset yields swaps, and pre-TGE assets, among others. This innovative platform promises to enhance liquidity and value discovery in these sectors, offering users a seamless and user-friendly entry point through a Telegram mini-app launching in July.

Expanding Horizons: Beyond Traditional DEXs

Bitget Wallet, a leading Web3 wallet and DeFi platform, has always been at the forefront of innovation in the crypto space. The recent collaboration with Foresight X to invest in Tomarket underscores their commitment to exploring new frontiers in decentralized trading. Tomarket is not just another DEX; it is a comprehensive platform designed to address the trading needs of emerging asset classes that traditional DEXs have yet to fully accommodate.

The Vision Behind Tomarket

Tomarket is the brainchild of industry veterans from Binance and Microsoft, who recognized the growing demand for trading platforms that go beyond conventional crypto assets. The platform is engineered to support the trading of Real World Assets (RWA), crypto asset yield swaps, crypto points, pre-TGE assets, and other innovative asset types. By doing so, Tomarket aims to unlock new liquidity pools and enhance value discovery in these burgeoning markets.

Addressing Market Challenges

The crypto industry in 2024 is witnessing significant growth, fueled by the Bitcoin halving and the approval of the Bitcoin ETF by the SEC. This growth has brought to the fore various new asset classes and narratives, such as crypto project points trading, pre-TGE tokens, RWA assets, and interest rates on digital assets. Despite their potential, these assets face challenges like poor liquidity and high transaction trust costs. Tomarket is designed to address these issues by providing a one-stop platform that meets the trading needs of these new assets.

A User-Friendly Entry Point

Tomarket will initially be available as a Telegram mini-app, providing users with a convenient and user-friendly entry point into this innovative platform. This approach ensures that users can easily access and navigate the platform, making it easier for them to engage with these new asset classes.

The Role of Bitget Wallet

Alvin Kan, COO of Bitget Wallet, expressed his enthusiasm for the collaboration, stating, “Trading has always been at the heart of the crypto industry. Beyond traditional token assets, new asset types such as RWAs and points deserve significant attention.” He further emphasized Bitget Wallet's commitment to addressing the evolving needs of its users: “Through our investment and product collaboration with Tomarket, we aim to explore and develop markets beyond traditional DEXs, driving the growth of new crypto asset trading, thus cementing our dedication to catering to new user needs as they present themselves.”

Strategic Integration and Ecosystem Growth

Earlier this year, Bitget Wallet introduced the Bitget Onchain Layer, an intermediary layer designed to help users navigate the complex Web3 ecosystem. This layer serves as an on-chain extension and a decentralized future of the entire Bitget ecosystem. As the first ecosystem partner of the Bitget Onchain Layer, Tomarket will be deeply integrated into Bitget Wallet. This integration will also expand the use cases for BWB, the wallet’s native token, marking the beginning of sustained ecosystem growth and user engagement for all Bitget Wallet users.

Enhancing Liquidity and Value Discovery

Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains. This capability will be further strengthened with the integration of Tomarket, enabling users to trade a wider range of assets with improved liquidity and value discovery.

About Bitget Wallet

Bitget Wallet is Asia’s largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, NFT, DApp, and token earning center. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies.

Comprehensive Features

Bitget Wallet is renowned for its extensive range of features that cater to the diverse needs of its users. These include:

• Asset Management: Efficiently manage a wide range of digital assets.
• Intelligent Market Data: Access real-time market data to make informed trading decisions.
• Swap Trading: Seamlessly swap between different cryptocurrencies.
• Launchpad: Participate in new token launches and projects.
• Inscribing: Create and manage NFTs.
• DApp: Access decentralized applications directly from the wallet.
• Token Earning Center: Earn rewards and yields on your digital assets.

Supporting Multiple Blockchains

Bitget Wallet supports more than 100 major blockchains and hundreds of EVM-compatible chains, ensuring that users have access to a vast array of cryptocurrencies. This extensive support enhances liquidity and provides users with a seamless trading experience.

The Future of Decentralized Trading

The collaboration between Bitget Wallet and Tomarket represents a significant step forward in the evolution of decentralized trading. By addressing the needs of emerging asset classes and providing a user-friendly platform, Tomarket is poised to become a key player in the crypto industry. The integration with Bitget Wallet further strengthens this position, offering users enhanced liquidity, value discovery, and a comprehensive trading experience.

A New Era of Trading

As the crypto industry continues to evolve, platforms like Tomarket and Bitget Wallet are leading the way in addressing the needs of new asset classes. This collaboration marks the beginning of a new era in decentralized trading, where users can access a wider range of assets with improved liquidity and value discovery.

Commitment to Innovation

Bitget Wallet's investment in Tomarket underscores its commitment to innovation and addressing the evolving needs of its users. By exploring new markets and developing platforms that cater to emerging asset classes, Bitget Wallet is positioning itself as a leader in the crypto industry.

Conclusion

The joint investment in Tomarket by Bitget Wallet and Foresight X is a strategic move that promises to reshape the landscape of decentralized trading. By addressing the needs of emerging asset classes and providing a user-friendly platform, Tomarket is poised to become a key player in the crypto industry. The integration with Bitget Wallet further strengthens this position, offering users enhanced liquidity, value discovery, and a comprehensive trading experience.

For more information, users can visit: Website | Twitter | Telegram | Discord

Contact

PR team: media.web3@bitget.com

By incorporating additional SEO keywords such as "decentralized trading," "crypto asset yield swaps," "Real World Assets (RWA)," "pre-TGE assets," and "Bit