📊On Raydium, Jupiter, Byreal and other Solana AMM, you can already trade some large US tokenized stocks (via xStocks) in a 100% permissionless way. xStocks will also be used by Bybit and Kraken to implement tokenized stock trading on the CEX.
xStocks are tokenized stocks and ETF in the form of transferable tokens. They can be used on lending platforms, on DEX or in any DeFi protocol. Chainlink has become the oracle for xStocks and will provide reference prices for tokenized stocks and ETF.
Now you can easily buy shares (1:1 token) of over 50 companies such as Apple, Amazon, Tesla, Coinbase, Netflix and many more.
📢What are the advantages of tokenized stocks?
🔹24/7 access (unlike traditional markets, which are closed from Friday to Sunday).
🔹You can buy a fraction of a share token for the amount you want.
🔹Tokens can be used in liquidity pools, lending, etc.
🔹No need to open an account with a traditional broker. 1 reply
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