Injective has launched a new TradFi Stock Index that offers 24/7 trading of major publicly traded companies on the blockchain.
Features of the TradFi Index
Injective's TradFi Stock Index tracks stocks of major publicly traded companies including Amazon, Apple, Microsoft, and Goldman Sachs, available on the decentralized exchange Helix.
Advantages for Trading
The index allows for 24/7 trading with up to 25x leverage, enabling sophisticated trading strategies. It offers decentralized and permissionless access, providing new hedging and diversification opportunities.
Injective CEO's Perspective
Injective CEO Eric Chen states, “By bringing the most sought-after traditional finance markets on-chain, we’re not just creating a new trading product; we’re redefining what’s possible in decentralized finance.”
The launch of the TradFi index represents a significant step towards tokenizing all financial assets on-chain, aligning with the DeFi trend disrupting traditional financial systems.
