TechFlow news, December 30 — WEEX exchange announced that it has launched spot and derivatives trading for tokenized gold assets including PAX Gold (PAXG) and Tether Gold (XAUt), each backed 1:1 by physical gold. Additionally, WEEX has listed SLVON, a tokenized product tracking iShares Silver Trust, the world's largest and most liquid silver ETF. These tokenized assets track real-world gold and silver prices, support 24/7 trading, and allow users to trade with leverage and in both directions via derivative pairs, enabling investors to amplify returns amid recent strong movements in the precious metals market.
WEEX stated that it plans to launch a dedicated precious metals zone in the future, adding more precious metal tokens such as Matrixdock Gold (XAUM), Comtech Gold (CGO), and Kinesis Silver (KAG) to meet growing user demand.
