Goldman Sachs, Citadel and Google Alumni are building a blockchain exchange for realworld asset trading
News Source : The Next Web
News Summary
- DeepSigma has unveiled a paper-trading demo supporting 77 real-world asset (RWA) perpetual contracts, spanning u.s. stocks, major indexes, commodities, sector ETFs and Treasury yields.
- Powered by the Cypherium blockchain, DeepSigma aims to let traders take long or short positions on traditional assets without owning, tokenising or taking custody of the underlying instruments.
- Perpetual futures have become a major part of cryptocurrency trading, allowing traders to maintain leveraged market exposure without the fixed expiration dates associated with traditional futures contracts.
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