WOO X Partners with OpenTrade to Launch RWA Product Based on US Treasuries

WOO X has partnered with OpenTrade to launch a tokenized product based on US Treasury bonds, aimed at attracting a large amount of TradFi capital into the crypto field. The RWA product launched on WOO Earn is now available to WOO X users and is based on USDC#RWA reserves. Like most other WOO Earn reserves, this product also supports automatic reinvestment and early redemption at maturity.

APR is based on real-time returns from the chain-supported RWA reserves of OpenTrade and Circle's USDC. All user subscriptions are invested in OpenTrade reserves on the chain, accumulating the actual yield of US Treasury bonds (the current APR for 7-day and 28-day periods is approximately 4.5% and 4.75%, respectively).

Recently, BlackRock announced its participation in the RWA tokenization competition with its new fund (BUIDL) on Ethereum, greatly enhancing the credibility of the RWA narrative. Consistent with this, the move to bring US Treasury bonds onto the chain has sparked interest, providing institutional investors with a low-risk, low-friction, and low-conversion-cost way to generate actual returns.