INX and Backed, two cryptocurrency platforms, are expanding their offerings of tokenized stocks to include Tesla, Microsoft, Google, and GameStop. They will also be launching a tokenized ETF, the S&P 500 ETF, and tokenized Apple stock. These assets are created under EU securities laws and tokenized on the Polygon Proof of Stake network. Traders can benefit from 24/7 availability, fractional ownership, and blockchain security. Eligible investors can trade these traditional securities outside of standard stock market hours and fund their accounts with crypto. The tokens are backed by their corresponding underlying stocks and provide enhanced security and transparency through blockchain technology.
Stock Market Analysts Warned About Bitcoin (BTC): “The Uptrend Has Arrived, But In The Coming Days…”