Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
$WDC Friends, anyone interested in US stocks or similar assets, let's chat.
Tokenization ≠ Stocks: Gate guides you to understand exactly what you're buying in one article.
"Stock tokenization" has been hyped for a whole year. But almost no one dares to seriously ask: what are you actually buying? Are they really stocks? In the past two years, "stock tokenization" has become one of the hottest narratives in the crypto world. Major platforms have launched RWA mapping products, claiming to let you invest in US stocks with crypto assets. It sounds great, but do you really understand what you're buying?
What you buy might just be a pegged token.
The essence of stock tokenization is that it’s a pegged token of US stock assets issued by RWA tokenization companies. It’s not actual stock assets, but a blockchain derivative referencing US stock prices. What you hold isn’t equity, but a “price mapping” endorsed by the issuer. Whether the token’s value truly reflects the underlying asset depends entirely on the issuer’s operational ability and credit backing. In other words, you think you’re investing in Apple or Nvidia, but what you’re really investing in is the “issuer’s promise to Apple or Nvidia.” It sounds similar, but this is fundamentally different from holding actual stock assets.
And this difference often only becomes apparent when facing risks.
When you hold a token instead of actual stock assets, restrictions are much greater than they seem: liquidity is limited by the issuer’s volume, not real market depth; large transactions may not be feasible; the available underlying assets are often only a few hundred, far from covering the entire US stock market; most importantly, if the issuer encounters problems, your “mapping” guarantee can instantly become fuzzy. Ultimately, your sense of security is based on the credit of a single company, not on a system.
Gate stocks take a completely different approach. Gate stocks’ underlying assets are actual stocks, not tokens. They connect directly to the NYSE, NASDAQ, and other five major exchanges through compliant broker-dealers. Every share you buy is settled through a standard clearing system as a stock asset.
It’s not a token, not a mapping, not a derivative, but a stock asset built on a regulated clearing mechanism for safety. If you’ve always wanted to buy US stocks but are blocked by account opening barriers—Gate Stocks is designed for you. No need to open an overseas broker account, no need to link a bank card, no need to wire USD. After completing basic KYC verification on the Gate platform, you can start trading directly with USDT. Buying, holding, selling—dividends are automatically settled in USDT, all within the Gate App, just like trading crypto assets. While ensuring security and a good user experience, Gate is also continuously expanding its asset coverage. Currently, Gate Stocks supports fractional trading, with a minimum of 0.01 shares, covering over 10,000 stocks and ETFs, including NYSE, NASDAQ, NYSE Arca, NYSE American, BATS, and more. From tech giants to broad-based indices, everything is handled in one app. Holding costs are zero, no overnight fees, no swap fees—perfect for long-term US stock investors.
Objectively speaking, stock tokenization has value—it indeed lowers the barrier to “access US stocks.” But accessing and holding stock assets are never the same thing. Gate Stocks chooses to connect directly to the stock market’s core layer because we believe users truly need the stocks themselves, not just a price mapping. So, returning to the original question—do you think you’re buying US stocks? Before understanding the underlying structure, this is a question worth reconsidering carefully.
#我的Gate交易时刻