Reported 7 days ago
Kraken and Backed Finance are set to introduce tokenized stocks to the BNB Chain, enabling 24/7 trading of equities like Apple and Nvidia. This initiative allows U.S. stocks to be issued as BEP-20 tokens, providing greater accessibility within the BNB ecosystem. As part of the xStocks Alliance, this development aims to integrate equity tokens into decentralized finance (DeFi) by allowing them to be utilized across various protocols for activities such as collateral borrowing.
Source: YAHOO