HashPack wallet integrates SODAX, enabling direct tokenized stock and ETF purchases

HashPack, a well-known self-custody crypto wallet for the Hedera network, now allows its users to buy tokenized stocks and ETFs directly through SODAX integration, as detailed by CEO and co-founder May. This latest upgrade enables users to use HBAR or Hedera USDC to access stock and ETF liquidity outside the Hedera network, eliminating the need to rely on traditional liquidity pools. May emphasized that this new functionality addresses a longstanding challenge associated with shallow liquidity pools. Trades executed through these limited pools often result in significant price slippage, particularly on larger transactions.

Source: CoinTurk News