Since 2021, we have been at the forefront of tokenizing real-world assets (RWAs). Back then, we were IX Swap, pioneering liquidity in a market that was still in its infancy. Fast forward to 2025, the landscape has evolved dramatically. STOs have transitioned to RWAs. New products and services have emerged, but most importantly, the needs of institutional investors have changed.
IXS is the response to this evolution. A new era for institutional-grade tokenized assets is here, and we are leading the way.
The Fragmentation Problem: Why Current RWA Solutions Fall Short
The tokenization of RWAs has been heralded as a transformative breakthrough for global financial markets. By converting tangible assets like real estate, private equity, and commodities into digital tokens, blockchain technology has the potential to unlock trillions in liquidity and democratize investment opportunities. Yet, despite the growing momentum, the industry remains fragmented and lacks the infrastructure necessary for institutional-scale adoption.
Three core barriers continue to hinder widespread institutional embrace of tokenized RWAs:
- Liquidity Constraints – Many tokenized assets remain illiquid due to a lack of dedicated trading venues and the absence of market makers capable of supporting deep liquidity pools.
- Regulatory Uncertainty – Most platforms lack the proper licenses to operate in the RWA space. These licenses, which take years to acquire, are essential for ensuring compliance with global financial regulations. Without them, issuers and investors struggle to navigate the fragmented regulatory landscape.
- Operational Inefficiencies – The absence of a unified infrastructure results in disjointed tokenization efforts, increasing the cost and complexity of issuing, trading, and managing RWAs.
For institutional adoption to accelerate, the industry requires an integrated solution, a tokenization layer that seamlessly bridges traditional finance (TradFi) and decentralized finance (DeFi). This is where IXS steps in.
Introducing IXS: The Institutional eXchange Settlement Layer
IXS is redefining the infrastructure for tokenized RWAs, introducing a comprehensive, end-to-end ecosystem that integrates financial technology, liquidity provisioning, and regulatory compliance. Unlike fragmented solutions that address only parts of the value chain, IXS delivers a unified framework that enables institutions to tokenize, distribute, and trade real-world assets with institutional-grade efficiency.
The IXS Tokenization Infrastructure
The IXS Launchpad and DEX were just the top layers of the evolution of the IXS infrastructure. Fast forward to today, IXS has evolved into multi-layered tokenization settlement layer to drive massive institutional partnerships.:
- AMM-Powered DEX for Tokenized RWAs – A first-of-its-kind Automated Market Maker (AMM) exchange dedicated to security tokens and tokenized RWAs, ensuring deep and continuous liquidity.
- Institutional-Grade Launchpad – A compliant and regulated launchpad that enables asset issuers to tokenize real-world assets while adhering to the highest industry standards.
- Tokenization-as-a-Service (TaaS) – A seamless, blockchain-powered infrastructure that allows issuers to tokenize and manage RWAs without extensive technical expertise.
- Union Chain: A Dedicated Layer-2 Network – A scalable and secure Layer-2 blockchain designed by ZKsync to optimize transaction speed, security, and interoperability across RWA platforms. Union Chain’s founding partnership with four major centralized exchanges (CEXes) provides access to over 20 million users, significantly expanding the reach of RWAs.
- Institutional Distribution Pipelines – Partnerships with major institutions, including LINE NEXT, which gives potential access to 196 million users globally, ensuring that tokenized assets reach a broad and diverse investor base.
By integrating these components, IXS establishes a robust foundation where institutions can confidently engage with tokenized RWAs, knowing they have access to a compliant, liquid, and scalable infrastructure.
Setting a New Standard for RWA Tokenization
The future of financial markets lies in the convergence of TradFi and DeFi. IXS is at the forefront of this transformation, setting new benchmarks for tokenized asset infrastructure by prioritizing:
- Compliance-First Infrastructure – IXS holds the required licenses to operate within established financial frameworks, ensuring full alignment with global regulatory authorities.
- Deep Liquidity Pools – Leveraging AMM-powered liquidity mechanisms to eliminate traditional liquidity bottlenecks.
- TradFi-DeFi Integration – Bridging institutional capital with blockchain efficiency to provide secure, transparent, and regulated investment opportunities.
Comments from the Founders
Julian Kwan, Co-Founder & CEO: “We started IX Swap because we saw a broken system, illiquid markets, inaccessible opportunities, and outdated financial structures. Fast forward to today, we’ve built something that institutions not only need but are demanding. The rules of the game have changed, and IXS is leading the charge.”
Alice Chen, Co-Founder & General Counsel: “When we first entered the space, the regulatory landscape was a maze that few dared to navigate. We didn’t just find a way through, we paved the road. Today, IXS holds the necessary licenses that others are still chasing, ensuring our partners and investors can operate with confidence.”
Aaron Ong, Co-Founder & Head of Strategy: “Liquidity has always been the missing piece in tokenized assets, and we’ve solved it. By combining deep liquidity pools with institutional-grade infrastructure, IXS is not just keeping up with the evolution of finance, we’re defining it.”
Conclusion: The Institutional Gateway for RWAs
The RWA market is projected to exceed $20 trillion, yet the industry still lacks the unified infrastructure required to support mainstream adoption. IXS is filling this gap by delivering an institutional-grade tokenization layer that enhances liquidity, ensures compliance, and facilitates seamless asset distribution.
As financial markets evolve, the demand for standardized and scalable solutions will only intensify. IXS is not just responding to this demand, it is actively shaping the future of tokenized finance. The new era of RWAs has arrived, and IXS is leading the charge.