tgegt
@sdhdsfb
Crypto expert @_FORAB explains how platforms like Kraken and Bybit enable stock trading with crypto. A Swiss parent company controls Backed Assets in Jersey. They buy stocks via IBKR Prime, then store them in Clearstream (a Deutsche Börse depository). After purchase, Solana smart contracts mint tokens 1:1 (e.g., 1000 TSLA shares = 1000 TSLAx tokens). Backed owns the token contract, letting exchanges list these tokens. Holders can redeem tokens for real stocks through Backed. This com
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uncrossed
@uncrossed
Wow that’s super cool how crypto platforms let you trade stocks with tokens backed by real shares how innovative and convenient
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