Tokenized stocks have From a regulatory perspective, it has been unstable in recent months, But this does not seem to prevent traditional financial giants and decentralized finance (DeFi) advocates from signing new transactions.
DeFiChain provides tokenized stock trading corresponding to the underlying prices of major listed companies such as Tesla, Amazon, and Apple.Tokenized stocks, similar to stocks that have now been withdrawn Products launched by Binance earlier this year, It can be purchased in batches without the need for investors to purchase complete traditional stocks. For this reason, physical stocks need to be kept.
Tokenized stocks are secured by cryptocurrency, without intermediaries, and can also be purchased in the form of decentralized loans. Transactions can be carried out 24/7, and the purchase of tokenized stocks does not grant their holders the ownership of the relevant assets, but makes it possible for them to profit from the price changes of the assets.
The decentralized stock trading system provided by DeFiChain uses the native token DFI, as well as Bitcoin and USD Coin (USDC), a stable currency pegged to the U.S. dollar. Julian Hosp, the co-founder of the platform, said that the launch will open the door to many people who are frustrated with the traditional market. “However, advocates like Hosp will increasingly need to deal with Regulators are paying more and more attention to the DeFi field.
Last week, the US Securities and Exchange Commission disclosed Investigation initiated Behind it is the world’s largest decentralized cryptocurrency exchange (DEX), Uniswap.Due to increasing regulatory pressure, the platform has moved to Delist dozens of tokens and tokenized stocks Late July.
Earlier in the same month, Binance’s very popular stock token (representing a small share of shares in companies such as Tesla and Coinbase) suddenly suspended sales. Hong Kong Securities Regulatory Commission puts pressure on Earlier there were reports that European and British regulators have been reviewing whether the issuance may violate securities laws.