ASX Capital Introduces Private NFT Treasury Bonds on Core Chain

ASX Capital is pleased to announce the launch of the first private NFT treasury bonds sale on the Core blockchain. The proceeds from this sale will be strategically invested in Commercial Real Estate across the United States.

In March, ASX Capital introduced its treasury bond to the Decentralized Finance (DeFi) sector. The initiative is designed to bolster ASX liquidity, augment investment funds, and enhance transaction volumes.

The ASX Treasury bonds, whether variable or fixed-term, are crafted to support these objectives. Additionally, bondholders will benefit from long-term ASX advantages.

As a part of its commitment to providing timely updates to the ASX community, ASX Capital is excited to reveal its first private NFT Treasury Bond, equipped with Real World Asset (RWA) capabilities.

Announcing Private NFT Treasury Bond Sale on Core Chain

This week's major update includes the inaugural private NFT treasury bond sale on the Core Layer 1 blockchain. Core DAO was selected for its superior transaction speed and cost-efficiency in the blockchain sector.

Real World Asset Capabilities Explained

ASX Capital aims to offer the premier DeFi exposure to RWAs. Thus, the funds from the NFT bonds sale will be allocated to acquiring a stake in commercial real estate within the United States.

This acquisition represents a strategic investment and DeFi tactic designed to enhance yield. It serves as an RWA strategy to amplify token buybacks and support the primary goal of expanding $ASX liquidity.

The Treasury bond will be minted as an NFT on Core, and yields will be distributed to holders through the native $ASX token. To date, a total of $55,900 has been raised in collaboration with RWA partners. Additionally, 10% of the yield from the RWA investment will be allocated to buy back ASX tokens and augment the treasury.

Currently, the NFT treasury bond is available solely to private investors, aiming to benefit the entire ASX ecosystem. Further information about ASX treasury bonds can be found on the official ASX Capital website.

Additional Updates: $ASX Weekly Buy Backs and Giveaway!

$ASX weekly buybacks continue to play a crucial role in the ecosystem's growth, with the treasury actively purchasing $ASX tokens to enhance ecosystem liquidity. As of this announcement, over 10,000 $ASX buybacks have been completed in April.

Additionally, ASX Capital has launched the TaskOn campaign in collaboration with leading Core-based DEXes, Glyph and IceCreamSwap. Users are encouraged to participate in the ASX Core Chain Launch campaign on TaskOn and complete simple tasks to earn $ASX tokens.

Moreover, the Glyph Exchange trading competition has commenced, featuring the ASX — WBTC trading pair, providing an opportunity for users to earn points.

ASX Capital remains dedicated to keeping the community updated through its social media platforms. In anticipation of the upcoming "Bitcoin Halving," ASX Capital extends its best wishes to all.

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