PowerTrade, a leading altcoin options exchange, has announced the launch of options on tokenized stocks, marking a significant milestone in merging traditional and crypto markets.
Key Innovations & Benefits
With the introduction of options on tokenized stocks, PowerTrade offers trading opportunities for Tesla and Robinhood stocks in round-the-clock derivatives format. All contracts will be available for trading 24/7 and settled in USD Coin (USDC). Crypto traders can utilize various cryptocurrencies such as BTC and ETH as collateral.
Evolution of the Derivatives Market
Founder and CEO of PowerTrade, Mario Gomez Lozada, emphasized that this launch is a significant step for uniting crypto and traditional trading communities. He noted that creating new markets for tokenized stocks will enable traders to hedge and earn from both crypto options and traditional stocks. "This is a moment defining the future of trading," he said.
About PowerTrade and PowerDEX
PowerTrade is a premier venue for crypto options, providing deep market coverage and a broad selection of altcoins. The PowerDEX platform offers decentralized access to these options markets without the need for intermediaries, giving users full control over their assets.
The launch of options on tokenized stocks by PowerTrade and PowerDEX opens up new opportunities for traders, connecting the worlds of cryptocurrencies and traditional stocks, with a focus on accessibility and convenience.
