Currencies33776
Market Cap$ 3.25T-0.88%
24h Spot Volume$ 67.03B-4.55%
DominanceBTC61.96%-0.02%ETH8.32%-0.10%
ETH Gas0.57 Gwei
Cryptorank
Open report modalReport issue
SumoTex

SumoTex SMTXPrice N/A

SMTX Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Inactive

Description

SumoTex AssetFi protocol tokenises off-chain assets such as real estate and company shares, funds and bonds

SumoTex (SMTX) Chart

SumoTex price Index provides the latest SMTX price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Max Supply

SMTX 1,000,000,000

Total Supply

SMTX 1,000,000,000

All Time High

$ 0.0276

3 Apr 2023


All Time Low

$ 0.000347

12 Feb 2025

Trending SumoTex Fiat Pairs

What is SumoTex (SMTX)?

SumoTex AssetFi protocol tokenises off-chain assets such as real estate and company shares, funds and bonds. SMTX solves the largest issue of institutional finance: illiquid nature of assets (Real Estates, unlisted company shares, bonds, fixed deposits). Often locked in from months to years, SMTX’s AssetFi tokenization protocol provides the solution to this. Fund managers and financial institutions who wish to liquidate/tokenise their funds or asset can do it on SMTX’s protocol. Institutional finance is poised for disruption, and SMTX is spearheading web3 to it.

Key features of SumoTex:

  • Decentralization of Assets. With AssetFi protocol, any asset owner, family offices and financial institutions can gain access to the technology and resources SMTX provides on a deal by deal or portfolio basis
  • Investment and lending vault. Onboarded asset manager will be able to issue/start their funds with their offering after the asset is approved by the governance protocol
  • Real Estate backed STABLECOIN. SMTX will issue its first ever real estate backed stable coin, assets verified by a public trustee which acts as a node validator. It will be the world most safe stable coin as it is pegged against real estate, one of the most capital secured assets.

Trending Coins and Tokens Flame icon