Taoshi Launches 0xMarkets to Transform $7.5 Trillion Forex Market with DeFi

Reported 1 day ago

Taoshi, in collaboration with General TAO Ventures, has launched 0xMarkets, a decentralized exchange on Coinbase’s Base blockchain aimed at integrating the $7.5 trillion forex market into decentralized finance (DeFi). The platform, leveraging the Bittensor blockchain, will allow traders to exchange major currencies like USD, EUR, GBP, and JPY, as well as cryptocurrencies like Bitcoin and Ethereum. With a focus on liquidity acquisition, 0xMarkets aims to draw liquidity providers with a dual rewards model through mining and governance token emissions.

Source: YAHOO

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