CZ Says Tokenized U.S. Stocks Attract Overseas Interest
Photo: TokenPost
CZ said overseas investors are showing interest in blockchain-based versions of U.S. stocks, while many have trouble accessing American brokerage accounts. He cited populous countries where total stock-market trading may be as low as $50 million a day. CZ said one investor in New York could generate a similar amount of trading activity. Tokenization turns conventional assets into blockchain-based digital tokens, potentially widening access to trading. The approach could extend beyond stocks to water and rare-earth minerals, which lack established trading venues. Tokenized-stock instruments have logged $16.8 billion in decentralized exchange volume over 30 days .
Source: TokenPost
