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Cryptocurrency Exchange FTX Launches Tokenized Stock Trading Function On Solana Blockchain

Mary Liu

Summary: The cryptocurrency exchange FTX has launched a tokenized stock trading function, which will run on the Solana blockchain, and DAAG, headquartered in Switzerland, provides the tokenized stock infrastructure.  FTX stated that buyers and sellers in approved jurisdictions will be able to trade and withdraw approximately 55 freely tradable stocks, including shares of companies such as ...

The cryptocurrency exchange FTX has launched a tokenized stock trading function, which will run on the Solana blockchain, and DAAG, headquartered in Switzerland, provides the tokenized stock infrastructure. 

FTX stated that buyers and sellers in approved jurisdictions will be able to trade and withdraw approximately 55 freely tradable stocks, including shares of companies such as Facebook, Google, Netflix, Nvidia, PayPal, Square, and Tesla. 

Earlier this year, Binance, another major exchange, started to provide tokenized stock trading.

By Mary Liu

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