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Tokenized stock trading hits $2.7B even though trades can cost 3% more

CryptoSlate
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Tokenized stock trading hits $2.7B even though trades can cost 3% more

Tokenized stocks recorded about $3 billion in decentralized-exchange transactions over seven days, according to figures reported on Nov. 4. US stocks rallied that day as Republicans lost unified control of Washington, with the S&P 500 up 1.6%, the Dow up about 3% and the Nasdaq up 1.4%. A modeled $10,000 round trip in tokenized Coinbase… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. Tokenized stocks recorded about $3 billion in decentralized-exchange transactions over seven days, according to figures reported on Nov.
  2. US stocks rallied that day as Republicans lost unified control of Washington, with the S&P 500 up 1.6%, the Dow up about 3% and the Nasdaq up 1.4%.
  3. A modeled $10,000 round trip in tokenized Coinbase… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Read Full Article on CryptoSlate

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