#CryptoStocks
What Are CryptoStocks?
CryptoStocks are tokenized versions of publicly traded company shares. Instead of owning a paper certificate or an entry in a brokerage account, investors hold a digital token on a blockchain that mirrors the price and value of a real-world stock, such as Apple (AAPL), Tesla (TSLA), or Amazon (AMZN). These tokens can often be traded 24/7 on crypto exchanges like Binance, FTX (before its collapse), or platforms like Synthetix and Mirror Protocol.
Depending on the provider, CryptoStocks may either be:
Fully backed tokens, where each token is backed 1:1 by an actual share held by a licensed custodian.
Synthetic assets, where smart contracts and oracles track the stock price without the underlying share being held.
Key Benefits of CryptoStocks
24/7 Trading
Unlike traditional markets that close on weekends and holidays, CryptoStocks can be traded around the clock, offering increased flexibility to global investors.
Fractional Ownership
CryptoStocks allow users to buy fractions of a share, making high-value stocks more accessible to retail investors.
Global Accessibility
With just a digital wallet and internet connection, users in any part of the world can gain exposure to U.S. or global equities—without needing a broker or bank account.
Low Fees and Fast Settlement
Blockchain-based transactions typically have lower costs and instant settlement times compared to traditional clearing houses.
Enhanced Transparency
Every transaction on the blockchain is recorded immutably, reducing the risk of fraud and increasing investor confidence.