Sailing Protocol utilizes blockchain technology to facilitate the trading of traditional assets, enabling real-time transactions and direct wallet payments for dividends and interest. This approach addresses the inefficiencies of conventional stock trading, such as lengthy settlement times and high transaction fees, by providing 24/7 market access with minimal costs.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional stock trading involves lengthy settlement times, high transaction fees, and limited accessibility, especially outside of standard market hours. Existing systems often lack transparency and are restricted in functionality, primarily limited to trading and lending activities.
Solution
Sailing Protocol leverages blockchain technology to provide real-time trading of tokenized traditional assets, such as stocks and bonds, with direct wallet payments for dividends and interest. By creating "Sailing Pegs," financial instruments designed to mirror the price of underlying assets, the protocol offers 24/7 market access with near-instant settlement and minimal transaction fees. The platform aims to connect the world economy to the cryptoeconomy, fostering a more efficient, accessible, and transparent financial system. Sailing Protocol enables users outside the U.S. to buy Sailing Pegs of select American stocks, maintaining reserves of the tracked stocks to ensure price mirroring. The protocol supports fully composable smart contracts and offers margin at the Fed Rate, promoting atomic transactions and reducing reconciliation errors.
Target Audience
The primary target audience includes individuals outside the U.S. seeking access to tokenized traditional assets, as well as crypto-native users interested in trading stocks and bonds with the benefits of blockchain technology.
Features
- 24/7 trading of tokenized stocks and bonds.
- Direct wallet payments for dividends and interest.
- Near-instant settlement with minimal transaction fees.
- "Sailing Pegs" designed to mirror the price of traditional assets.
- Fully composable with smart contracts.
- Margin at the Fed Rate.
- Atomic transactions for secure and reliable trading.