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KuCoin Adds Apple, Robinhood, Strategy And SpaceX Tokenized Stocks

Bitcoinist
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KuCoin Adds Apple, Robinhood, Strategy And SpaceX Tokenized Stocks

TL;DR KuCoin has opened spot trading for tokenized representations of Apple, Robinhood, Strategy and SpaceX. The xStocks are issued on Solana and are designed to be collateralized 1:1 by the corresponding underlying assets held with a regulated custodian. Access is heavily restricted by jurisdiction, including the United States and United Kingdom. KuCoin is expanding further […]

Key Takeaways

  1. TL;DR KuCoin has opened spot trading for tokenized representations of Apple, Robinhood, Strategy and SpaceX.
  2. The xStocks are issued on Solana and are designed to be collateralized 1:1 by the corresponding underlying assets held with a regulated custodian.
  3. Access is heavily restricted by jurisdiction, including the United States and United Kingdom.
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.