Tokenized Stocks
What is Tokenized Stocks
Using blockchain technology, it is possible to trade assets called tokenized stocks. Because of this, tokenized stocks are typically built on top of the blockchain. They are a useful tool for representing assets overall.
Most importantly, tokens give consumers the chance to trade stocks without worrying about high brokerage costs, protracted settlement delays, etc. Additionally, a number of businesses actually pay customers dividends for holding such tokens in Ether, Bitcoin, or other cryptocurrencies. These specific tokens are backed by actual stocks.
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