#CryptoStocks 1. Tokenized Stocks
These are blockchain-based representations of real-world stocks, allowing people to trade shares of companies like Tesla or Apple in the form of tokens on cryptocurrency exchange platforms. Examples:
FTX (before the collapse) and Bittrex Global offered tokenized stocks.
DeFi platforms like Mirror Protocol (MIR) or Synthetix (SNX) have created synthetic assets representing stocks.
Advantages:
Fractional ownership
24/7 trading
Global access without brokers
Disadvantages:
Regulatory uncertainty
Limited availability
The support mechanism must be reliable