The rapidly growing Echo community can now look forward to the following milestones on Echo's ambitious roadmap: Phase 2 - The introduction of Echo Pro for advanced trading with cutting-edge tools.- The expansion of yield generation models, the integration of trading bots, and additional digital asset services.- Echo Elite's release is tied to Echo Pro and EchoX.- An ECHO Token Initial Exchange Offering (IEO) and a USDC – Echo Trading Pair Launch.- The establishment of the Echo Community Foundation.- The Community Governance system for the platform Phase 3 - Echo will expand into Real World Assets (RWAs) trading, leveraging tokenization to unlock traditional asset classes.- Full integration of advanced protocols (e.g., peer-to-contract) to enhance collateralized borrowing and lending - Netbank Rails that will enable seamless fiat-to-token conversions with integrated banking services- Fractionalized Assets & Multi-Class Asset Choices, such as tokenizing commodities, stocks, and real estate- Collateralized and decentralized lending and borrowing capabilities through the platform’s peer-to-contract protocol- Offshore & Digitized Trust Structures will expand custody solutions via the Echo Elite framework.- An Integrated Launchpad supports onboarding promising new projects to further diversify and strengthen the Echo ecosystem.- Echo will also open the door to the platform's first tokenized Securities offerings, commodities, property, and private companies.- Derivatives Trading- Social Trading features- Echo Passive Mutual Token- Crypto Fund Tokens- VISA Cards Phase 4 - Full integration of all platform modules- Comprehensive Real World Asset (RWA) management and brokerage capabilities About Echo Echo operates as a licensed Virtual Asset Service Provider (VASP) under the Regulatory Framework of the Isle of Man Financial Services Authority.
It will then burn the repurchased tokens to increase scarcity and drive ECHO’s value in the long run.- Holding ECHO tokens gives users several perks:- Fee discounts- Access to premium trading tools- Early access to new services- Governance rights Echo is also developing the Echo Foundation, a pool dedicated to funding growth, strategic partnerships, and other governance initiatives.
Douglas, Isle of Man, May 15, 2025 (GLOBE NEWSWIRE) -- Echo, a revolutionary centralized crypto exchange, officially launched worldwide on May 15, marking a historical event for the digital asset trading landscape.
The story "Echo Launches Worldwide and Starts Exclusive Public Sale for the ECHO Token" has 882 words across 39 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "Echo Launches Worldwide and Starts Exclusive Public Sale for the ECHO Token" was covered 15 hours ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 103 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
