Crypto Derivatives Exchange FTX Debuts Tokenized Trading For Tesla, Amazon, And Apple

Crypto Derivatives Exchange FTX Debuts Tokenized Trading For Tesla, Amazon, And Apple
фото показано с : zycrypto.com

2020-10-31 17:31

Hong Kong-based crypto derivatives exchange FTX has launched regulated tokenized trading for US stocks. The exchange has teamed up with European financial companies Digital Assets AG and CM Equity AG to launch the new tokenized equities offering.

According to a report by Bloomberg, users will be able to access more than 12 stock and cryptocurrency pairings via FTX’s trading platform. This means that users can start trading shares of in-demand companies like Amazon, Tesla, Facebook, Apple, Netflix, as well as the S&P 500 against bitcoin and stablecoins.

One key advantage of this offering is that FTX will allow fractional ownership. Fractional ownership lets traders deposit smaller amounts. As such, they are able to speculate on high-priced stocks like Tesla and Amazon with way less capital.

Additionally, traders will not be required to pay for custody. FTX will only charge trading fees for the service. Notably, traders based in the United States and other jurisdictions restricted by the crypto exchange will not be able to trade the new product.

The CEO of FTX, Sam Bankman-Fried indicated that the offering is aiming at making it easier for investors to access stocks trading through traditional markets.

“For a lot of people, it’s a hassle to access stocks. There are ways to do it but they feel very much old and clunky. Giving people access broadens out what you can trade.”

The digitized and tokenized tokens will work like depositary receipts or ETFs. Traders will be able to trade them on the FTX platform, but they will have to cash them out through investment firm CM Equity which will hold the underlying securities.

While the fractional stocks offering offered by FTX carries some inherent risks, it is a tremendous step in bringing some legitimacy to the cryptocurrency industry.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

The Tokenized Bitcoin (imBTC) на Currencies.ru

$ 19686.79 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 3.96 %
Cегодня L: $19686.79 - H: $19686.79
Капитализация $0 Rank 99999
Цена в час новости $ 12886.04 (52.78%)

tokenized exchange crypto ftx trading derivatives assets

Источник: zycrypto.com

tokenized exchange → Результатов: 126


Фото:

Nasdaq and Estonia’s DX Exchange To Launch Ethereum Tokenized Stocks

Nasdaq has partnered with an Estonian digital trading platform to launch the first Ethereum based tokenized stocks regulated under European Union laws on January 7. EU Regulated Stock Trading On Ethereum In a press release Thursday, DX Exchange confirmed it would offer users the option to trade big-name stocks using tokens on the Ethereum blockchain via smart contracts.

2019-1-3 19:00


Blockchain Startup Templum Asks SEC For Clarity On Post-Trade Activities

Blockchain Startup Templum Asks US SEC For Clarity On Post-Trade Activities Templum, a fully regulated token trader based in the United States has recently asked for the U. S. Securities and Exchange Commission (SEC) to clarify how the regulations of the country would define digital assets that are tracked or tokenized. To know more about […]

2018-12-21 23:06


Фото:

Exclusive Interview With Harish D. Gupta, CEO of Polybird Tokenized Assets Exchange

Asset tokenization is definitely one of the most noteworthy use cases of blockchain technology since its inception a decade ago. Many blockchain projects are oriented towards this direction lately, as the ability to distribute the ownership of non-fungible assets or to transfer the ownership of illiquid physical commodities by simply using smart contracts, unfolds whole […] Exclusive Interview With Harish D.

2018-11-13 16:29


Understanding The Significance Of Singapore’s MAS And SGX Applying Blockchain for Settlement Of Tokenized Assets

MAS And The Singapore Exchange, SGX, Have Implemented The Blockchain Technology For The Successful Settlement of the Tokenized Asset It is evident that the blockchain technology, which is the current underlying technology that has backed the successful Bitcoin, is gradually growing across the globe.

2018-11-13 00:19


Smart Valor Launches A Swiss Franc Pegged CHFt Stablecoin On New Exchange In Liechtenstein

Smart Valor has announced that it will become the first company to offer a stablecoin backed by the Swiss Franc. The project will be run in partnership with financial institutions. Smart Valor is a marketplace for tokenized digital assets and security tokens that is licensed and regulated by Swiss authorities. The rumors are true – […]

2018-10-31 07:41


Фото:

Radar Relay Targets Tokenized Shorts

There’s good news for Dr. Doom—you can now make money when crypto crashes, without needing to go through Augur or a centralized exchange.  Radar Relay, a decentralized exchange built on the 0x protocol, has announced the launch of a new kind of asset—short tokens, which provide a payoff if the asset behind them declines in […] The post Radar Relay Targets Tokenized Shorts appeared first on Crypto Briefing.

2018-10-27 18:35


BCoin ICO (BCT Token): Fiat To Crypto Exchange With Digital Payments?

What Is BCoin? BCOIN is a platform that seeks to provide all cryptocurrency services for the new tokenized economy. In addition to its already existing exchange platform, which comprises of cryptocurrency Trading, OTC services and Fiat-Crypto Trading, and well established mining facilities, its aim is to expand its range of products and be all inclusive in […]

2018-10-23 10:48


BCoin.sg ICO

BCoin.sg is an established business headquartered in Singapore. Having already built an exchange platform with active users, we consider this the first step towards consumer empowerment. Leveraging on our resources and network of international partners, we are also developing an entire suite of complimentary services to enable inclusivity and a unified access to the tokenized economy to all market players, be it innovator or investor.

2018-9-26 23:33


Veridium ICO

Veridium is creating tokenized trading markets for carbon credits and other natural capital assets. By tokenizing carbon credits into fungible assets that have liquidity on a crypto-asset exchange, Veridium is creating a seamless way for corporations, governments, and individuals to acquire, trade and account for carbon liabilities and offsets.

2018-9-3 14:33


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Elon Musk Sends Dogecoin Fans Into Frenzy With Cryptic Tweet

Social media darling Elon Musk sent the meme-coin world into a tailspin with a seemingly innocuous St. Patrick’s Day tweet. The tech magnate, renowned for his affection for memes and his influence as “Dogefather”, posted a lighthearted image featuring three dogs adorned in festive green hats, one of them a Shiba Inu, the mascot of […]

Dogecoin вновь растёт на заявлениях Маска

Илон Маск заявил о возможности покупки автомобилей Tesla за Dogecoin в будущем. Это было сказано во время его встречи с публикой на заводе Berlin Gigafactory, когда один из участников задал вопрос о возможности приобретения Tesla за DOGE.

Here’s How Much Elon Musk’s Tesla And SpaceX Have Made From Their Bitcoin Holdings

A new report has revealed the total Bitcoin assets held by Elon Musk’s Tesla and SpaceX companies and how much profit they’re seeing so far.     Tesla And SpaceX Bitcoin Holdings Unveiled On Thursday, March 7, Arkham Intelligence, an AI-based blockchain analytics platform, revealed the Bitcoin holdings of SpaceX and Tesla, two companies co-founded by X (formerly Twitter) owner, Elon Musk.