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INX and Backed expand tokenized stock offerings for Non-US investors

Author: Content Editor
INX, a security token and tokenized real-world assets marketplace, has partnered with Backed to expand its offerings for eligible non-US users. This expansion allows non-US investors to trade tokenized versions of popular stocks like Tesla, Microsoft, Google, and GameStop. These tokenized shares are created under EU securities laws, tokenized on Polygon's blockchain, and backed 1:1 by their underlying stocks. In addition to these offerings, INX plans to expand further with the introduction of the first tokenized ETF, the S&P 500 ETF, as well as tokenized shares of Apple and BlackRock's iShares Treasury ETF. Investors can now trade a wide range of securities 24/7, bypassing traditional stock market hours, and fund their accounts using cryptocurrency. The partnership aims to advance the accessibility and efficiency of the tokenized asset market.

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