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The iAsset Framework on Injective now support a new asset class: Commodities
Commodities include things like precious metals i.e. gold, energy i.e. crude oil, and agricultural products i.e. soybeans. These products are traded every single day to the tune of $60 Trilion USD in volume per year. ‼️
However, today’s current commodity trading landscape is rife with fraud, non-accessibility, and counterparty risk. That all changes today.
Injective’s onchain commodities offer a multitude of advantages over commodities traded on traditional financial rails.
💡Benefits of iAsset onchain commodities
⚡ 24/7 trading ⚡ Fractional ownership (Start trading with $1 USD) ⚡ No counterparty risk ⚡ No geographical restrictions ⚡ Programmable liquidity & utility ⚡ Seamless Leverage ⚡ Full trading transparency
The iAsset Framework on Injective now support a new asset class: Commodities
Commodities include things like precious metals i.e. gold, energy i.e. crude oil, and agricultural products i.e. soybeans. These products are traded every single day to the tune of $60 Trilion USD in volume per year. ‼️
However, today’s current commodity trading landscape is rife with fraud, non-accessibility, and counterparty risk. That all changes today.
Injective’s onchain commodities offer a multitude of advantages over commodities traded on traditional financial rails.
💡Benefits of iAsset onchain commodities
⚡ 24/7 trading ⚡ Fractional ownership (Start trading with $1 USD) ⚡ No counterparty risk ⚡ No geographical restrictions ⚡ Programmable liquidity & utility ⚡ Seamless Leverage ⚡ Full trading transparency
Among the actives, Ascendas REIT sank 0.64 percent, while CapitaLand Integrated Commercial Trust plummeted 1.42 percent, City Developments plunged 1.12 percent, Dairy Farm International tumbled 0.86 percent, DBS Group skidded 0.68 percent, Genting Singapore retreated 0.67 percent, Hongkong Land climbed 1.30 percent, Mapletree Commercial Trust lost 0.47 percent, Mapletree Logistics Trust tanked 0.95 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS rose 0.24 percent, SembCorp Industries shed 0.54 percent, Singapore Airlines surrendered 0.79 percent, Singapore Exchange slid 0.30 percent, Singapore Press Holdings declined 1.03 percent, Singapore Technologies Engineering dipped 0.26 percent, SingTel advanced 0.81 percent, United Overseas Bank fell 0.39 percent, Wilmar International eased 0.24 percent, Yangzijiang Shipbuilding jumped 1.42 percent and Keppel Corp, Thai Beverage, CapitaLand and Comfort DelGro were unchanged.
A Telegram spokesman declined to comment on the bond issue or the amount of the debt the company has due. The spokesman said Telegram’s equipment and bandwidth costs are growing because it has consistently posted more than 40% year-to-year growth in users.
