Injective has announced a new TradFi Index that allows tracking of the largest publicly traded companies on the blockchain.
Key Features of the TradFi Index
Injective's TradFi Index offers users the opportunity to trade stocks of major companies like Amazon, Apple, Microsoft, and Goldman Sachs in a decentralized manner. Available on Helix, Injective’s decentralized exchange, it enables trading 24/7 with up to 25X leverage, providing a new level of accessibility and flexibility for global investors.
Continuous Trading
A distinctive feature of the TradFi Index is the ability to trade continuously, around the clock. This removal of the time constraints of traditional markets grants access to stock markets for investors worldwide at any time.
Goals and Future Plans of Injective
Injective aims to tokenize all financial assets, creating the capacity for them to be traded on-chain without restrictions. This move reflects the DeFi trend, disrupting established financial systems. The recent launch of the AI Index Perpetual Market also highlights the company's innovative activities.
The launch of the TradFi Index by Injective represents a significant step in integrating traditional financial instruments into the blockchain ecosystem, offering investors a new level of freedom and opportunities within the realm of decentralized finance.