A New Thought

Today, Robinhood announced the launch of stock token trading, which means you can buy stocks using U. At the same time, Bybit and Kraken are also advancing, and trading of stock tokens can start on July 1. The underlying logic is that market makers first buy stocks in the securities market and then simultaneously issue an equivalent amount of stock tokens. The logic is similar to stablecoins.

There is still a demand among crypto users to trade US stocks, but opening a separate US stock account is cumbersome, and the efficiency of transferring funds in and out is very low. After the launch of stock tokens, this pain point can be directly addressed; with U, you can buy spot, trade contracts, and even trade options, as well as trade US stocks.

However, there is an opportunity worth noting that arises from this.

In the past, cryptocurrencies were often referred to as air; today’s stock tokens correspond to real companies and are truly 'valuable' assets. They are relatively more stable in terms of volatility. I believe these types of assets will amplify value in DeFi.

In traditional markets, if you hold a company’s stock and want to stake for interest or use it as collateral for loans, it can be very cumbersome, with many rules. Now, with stock tokens, staking on-chain may yield good interest returns, and when using it for collateral loans, you might only need 1-2 minutes to access funds, making the efficiency extremely high. This model will give rise to many new ways to play, after all, there is no regulation on-chain.

I believe stock tokens will become the next market trend, and more exchanges will join in later. If you want to capture this dividend, you might want to pay attention to DeFi-related information and tokens.