Coral Finance has reached a strategic cooperation with Donghao to jointly build a bridge between traditional finance and decentralized finance
This cooperation is not only a practical attempt at the concept of RWA tokenization but also an exploration of the future development direction in the financial sector.Author: 0xTJ
The DeFi sector has attracted significant attention in recent years due to its innovation and vast potential. In this captivating field, a highly anticipated partnership has once again brought the spotlight to Coral Finance and Donghao Securities.
On August 10, 2023, Coral Finance and Donghao Securities announced the formal establishment of a strategic partnership to embark on an in-depth collaboration and exploration in the realm of real-world assets (RWA) and digital assets. This partnership is expected to accelerate the exploration of traditional financial derivatives into DeFi, while also guiding traditional financial institutions and users to actively participate in the construction of decentralized finance and enhance the communication and interaction between DeFi users and traditional finance.
The tokenization of real-world assets is becoming a key component in the development of DeFi and Web3. This method of tokenization not only helps in the digitization of assets but also brings the financial world into a whole new realm. As a leading DeFi derivatives trading platform, Coral Finance's collaboration with Donghao Securities marks a proactive exploration and advancement in this field. It also signifies Coral Finance's steady progress in the Asian market, aiming to expand its market and integrate resources in a new way through strategic cooperation, achieving a more long-term business layout.
With the establishment of this partnership, the integration of traditional finance and decentralized finance is showing encouraging signs. The core idea of RWA tokenization is to convert physical assets from the traditional financial world, such as real estate and precious metals, into digital tokens, allowing them to circulate and trade freely on blockchain networks. This not only enhances the liquidity of assets but also brings unprecedented flexibility and openness to the traditional financial sector. The collaboration between Coral Finance and Donghao is set against this backdrop, exploring how to combine RWA tokenization with the mechanisms of decentralized finance to create a more vibrant and innovative financial ecosystem.
An important goal of the collaboration is to accelerate the introduction of traditional financial derivatives into DeFi. Traditional financial derivatives have always been a crucial part of the financial market, and now, with the support of blockchain technology, these derivatives are undergoing revolutionary changes. The partnership between Coral Finance and Donghao injects new momentum into this transformation, providing traditional financial institutions with more pathways to engage in DeFi. This cross-industry collaboration not only helps promote the development of DeFi but also has the potential to bring new innovations and vitality to the traditional financial sector.
In summary, the strategic partnership between Coral Finance and Donghao Securities will build a bridge connecting DeFi and traditional finance. This collaboration is not only a practical attempt at the concept of RWA tokenization but also an exploration of the future development direction of the financial sector. By pooling their respective strengths and resources, both parties are expected to create a more flexible, open, and innovative financial ecosystem, contributing significantly to the progress and transformation of the financial industry.
About Donghao
Donghao is an institution providing diversified services, with its group covering brokerage and financing, fixed income product trading, underwriting and placement, securities research, fund management, portfolio investment, public fundraising, mergers and acquisitions, and capital restructuring.
About Coral Finance
Coral Finance is a decentralized financial derivatives trading platform that provides reliable, long-term liquidity solutions for ecological projects through an innovative premium trading protocol, while also improving users' capital efficiency to meet needs such as asset appreciation, asset circulation, and risk hedging.
This collaboration marks Coral Finance's steady progress in the Asian market and seeks long-term layouts in business implementation, market expansion, and resource integration.
Risk Disclosure Statement:
This press release does not constitute any investment advice and should not be regarded as an invitation to invest or redeem. Investments carry risks, and past performance is not indicative of future results. Investors should carefully read the sales documents related to the products (including risk factors) before investing. If there are any questions regarding the above information, independent professional advice should be sought.
Please note that Coral Finance and Donghao do not have any virtual asset licenses in any country or region, are not licensed operators recognized by the Hong Kong Securities and Futures Commission for virtual asset trading platforms, do not provide client introductions to virtual asset trading platform operators, and do not offer virtual asset trading services or advice.
