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OKX UAE Launches Tokenized U.S. Stocks for Round-the-Clock Trading

OKX UAE Launches Tokenized U.S. Stocks for Round-the-Clock Trading

Photo: TheCoinrise

The VARA-regulated platform now lets users trade tokenized shares of major global companies at any hour OKX has rolled out tokenized U.S. stocks on its United Arab Emirates platform. The exchange operates under a license from the Virtual Assets Regulatory Authority, or VARA, Dubai's dedicated crypto regulator. The addition lets users in the region trade blockchain-based representations of shares in major global companies. Tokenized stocks are digital tokens designed to track the price of an underlying equity. They allow holders exposure to a company's share performance without directly owning the stock through a traditional brokerage.

Source: TheCoinrise

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