Binance News
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MyStonks has launched 95 US stock tokens and partnered with Fidelity to provide asset custody.
According to Odaily Planet Daily, the decentralized US stock token trading platform MyStonks has completed its upgrade and launched on-chain tokens of 95 major US stocks, including Microsoft, Nvidia, Apple and other companies.
MyStonks has entered into a strategic partnership with Fidelity, with Fidelity providing 100% asset custody protection. Users can buy and sell ERC-20 stock tokens using USDT or USDC through their self-custodial wallets.
The platform converts stablecoins into US dollars to purchase real stocks, and mints tokens at a 1:1 ratio through a Basechain smart contract. Chainlink oracles provide real-time price data, ensuring fair and transparent transaction prices.
MyStonks has entered into a strategic partnership with Fidelity, with Fidelity providing 100% asset custody protection. Users can buy and sell ERC-20 stock tokens using USDT or USDC through their self-custodial wallets.
The platform converts stablecoins into US dollars to purchase real stocks, and mints tokens at a 1:1 ratio through a Basechain smart contract. Chainlink oracles provide real-time price data, ensuring fair and transparent transaction prices.
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