Sologenic (SOLO) is the first XRPL token to be listed on a top exchange, Huobi Global.
The time has come for the first #XRPL Token to be listed on a Tier 1 exchange. $SOLO will soon be trading on @HuobiGlobal – One of the leading #crypto exchanges in the world ?
?Deposits open today at 11 AM UTC
?Trading goes live on July 20th at 7 AM UTC#SoloNation pic.twitter.com/4te7samn1J— Sologenic (@realSologenic) July 19, 2022
Huobi Global is the first major cryptocurrency exchange to list an XRPL token, and that token is Sologenic (SOLO). The XRP Ledger serves as the foundation for the complex ecosystem that is known as Sologenic.
It makes it easier to invest in and trade cryptocurrencies alongside non-blockchain assets like stocks, exchange-traded funds (ETFs), and commodities from the top 30 or more global stock exchanges.
Recently, the team at Sologenic has formed a relationship with Multichain, the most advanced router now available for Web 3.0, in an attempt to achieve interoperability with all blockchains.
Transactions may be facilitated from practically any blockchain thanks to its architecture, which was created for random cross-chain interactions. This eliminates the requirement to route or issue transactions from the native chain of each token.
According to statements made by Sologenic, the company’s cross-chain cooperation will continue to shape the route toward interoperability with other major networks that are currently in development, such as ETH, AVAX, NEAR, ATOM, and MATIC.
Sologenic is a cryptocurrency project with the goal of building a bridge between traditional financial assets and cryptocurrencies. However, this bridge will not be created by bringing cryptocurrencies to traditional exchanges; rather, it will be created by putting traditional assets on the blockchain.
The initiative aims to increase the use of cryptocurrencies across the board, and it plans to accomplish this goal by demonstrating the potential advantages of the cryptocurrency business to conventional asset traders and investors.
Projects like Sologenic are hastening the process of integrating cryptocurrency into the conventional realm of banking, assuring the steady integration of digital currencies into daily life as well as the global financial landscape.
Sologenic (SOLO) was previously exclusively accessible for buying on the crypto exchanges Uphold and Gate.io. It is now available on one of the leading exchanges, Houbi Global.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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