Bitget, a major cryptocurrency exchange, announced the launch of six tokenized stocks in partnership with xStock. This will enable users to trade stocks around the clock.
Bitget and xStock Collaboration
Bitget and xStock, aiming to integrate traditional stocks with cryptocurrencies, announced the launch of tokenized assets through the Onchain platform. Traders can now execute deals at any time, overcoming the limitations of traditional markets.
Advantages of Tokenized Equities
The Bitget platform now offers six tokenized stocks, including TSLAx and AAPLx, making these products available for around-the-clock trading. This creates more convenient access to the equity market for investors worldwide.
Impact on the Financial Industry
Experts note that this initiative may boost the adoption of Real World Assets (RWA) in the cryptocurrency domain. Bitget's CEO, Gracy Chen, remarked that "with tokenized equities on Onchain, we're giving users the ability to move between asset classes swiftly."
The launch of tokenized equities on Bitget will provide new opportunities for investors, facilitating a bridge between traditional and crypto assets.
