EX IO and Anchored have reached a partnership to launch a 1:1 pegged US stock tokenization product

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ME News Report, April 18 (UTC+8), Hong Kong licensed virtual asset trading platform EX IO has reached a strategic distribution partnership with fintech and tokenization platform Anchored, planning to launch a 1:1 pegged tokenized product backed by real U.S. stocks. Anchored will be responsible for asset issuance, custody, and on-chain settlement, with each token fully supported by U.S. stocks held by a FINRA-registered broker-dealer. The initial products will cover the "Big Seven" U.S. stocks including Apple, Nvidia, and some blue-chip stocks, supporting 24/5 trading and fractional shares, and will connect to liquidity from Nasdaq and NYSE. (Source: MLion)
AAPLX-0.62%
NVDA-0.4%
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SaveABitOnGasFees
· 4h ago
This is considered one of the most solid implementations in the RWA (Real-World Asset) track.
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ForkAndChill
· 4h ago
The first batch includes Apple and NVIDIA, those who understand voting rights.
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MarginMarmot
· 4h ago
A patchwork of traditional finance and DeFi, but stitched quite intricately.
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PaperSculptureOctopus
· 4h ago
If broker custody is transparent and verifiable, institutional funds will flow in.
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FogValleyBlueLake
· 4h ago
Waiting for a TSLA token, as soon as Musk tweets, I follow immediately
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VolatilityInATeacup
· 4h ago
The 24/5 trading is a highlight, allowing you to go all-in even after the US stock market closes.
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TokenomicsTailor
· 4h ago
Fractional shares + on-chain, small funds can now play with Nasdaq giants
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Stop-LossAtTheEdgeOfTheLava
· 4h ago
FINRA endorsement + 1:1 anchoring—this combination is far more trustworthy than some scam coins
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IceCreamUnderTheNeonLights
· 4h ago
Finally able to trade Apple 24/7, US stock retail investors are ecstatic
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