ChainCatcher news, according to The Block, the DeFi platform Swarm, regulated by Germany's BaFin, has launched an unpermissioned tokenized real-world asset trading platform called Open dOTC. The platform is built on Ethereum and utilizes decentralized OTC smart contracts to eliminate slippage, ensure instant settlement, and minimize credit and counterparty risk through fully collateralized trades.Swarm has launched a tokenized U.S. Treasury ETF, and the platform plans to add tokenized publicly traded stocks such as Apple and Tesla. The trading fee for Open dOTC is set at 0.25%, which is used to purchase and burn Swarm's Ethereum-based SMT tokens.