2gether lists its 2GT token on SushiSwap, Balancer and 1inch as part of tokenized economy vision

As cryptocurrency prices continue to go on a tear, companies in the industry have taken it upon themselves to make everything better for new incoming customers. One of these companies is 2gether, the collaborative crypto trading platform that recently announced its new development roster.

Just last week, 2gether revealed that it had listed the native 2GT token on SushiSwap, Balancer, and 1inch decentralized exchanges. The main focus of these additions was to help 2gether in developing a tokenised economy with its native token at heart.

The current tokenised economy is expected to grow multifold in the next coming years and it is imperative that players make full use of this window. With the global tokenization market set to grow from approx. $2 billion now to almost $5 billion in 2025, greater financial inclusion is just around the corner.

According to an official release by 2gether, the company enjoyed a massive increase in sales during Q1 2021. In the three months between December and February, 2gether’s trading volume rose from $25.8 million to $65 million in February 2021.

Speaking about the listing, 2gether chief executive Ramon Ferraz said:

2gether has been working hard toward our goal of creating a tool to build a tokenized economy and we are proud to continue to list our token across multiple decentralized exchanges. With so much untapped potential left to be harnessed in tokenized economics, we believe we are setting the stage for developers and crypto visionaries to create their tokenized projects and be able to foster more financial inclusion and opportunity.”

2gether added another feather to its cap when the 2GT token was whitelisted on 1inch’s aggregator DEX. This was done with the intention to give 2GT token buyers the best value during trading and exchanges. In addition to this, 2gether was also added on popular exchanges like Uniswap and CoinGecko.

The latest listing announcement comes almost two months after the token became international on Bounce. The decentralized platform specializing in ICO’s and NFT’s would direct the ETH generated for 2GT/ETH liquidity pools. 2gether stated that an exact 50 percent of all ETH proceeds generated within the platform will be directed towards 2GT/ETH liquidity pools. The aforementioned developments are one of the few steps taken in building a financial system that gives more power to the customer. 

Akash Anand: I am an engineering graduate with a leaning towards content and hard-hitting journalism. The aim has always been to gather the latest happenings in crypto and present it to the world.