Injective has introduced the TradFi Stock Index, an on-chain index tracking major companies like Amazon, Apple, and Goldman Sachs. This is a pivotal step towards integrating traditional finance into the blockchain ecosystem.
Benefits of TradFi Index
The TradFi Index on the Helix platform allows users to trade stocks 24/7 with up to 25X leverage. The absence of intermediaries simplifies market access and provides new opportunities for hedging and diversification.
24/7 Trading and High Leverage
The TradFi Index removes the constraint of traditional market hours, allowing investors to trade equities anytime, anywhere. The ability to use up to 25X leverage enables sophisticated trading strategies.
Accessibility and Investment Variety
Hosting the index on a fully decentralized platform opens opportunities for trading without intermediaries, allowing global users to participate in stock markets. Investors can take long or short positions on the broader U.S. stock market, providing risk hedging and diversity.
Injective aims to tokenize all financial assets, making them available on-chain, highlighting DeFi's strive to disrupt traditional financial systems.