Ripple Prime Plans to Support Securitize Stocks Launch, Explore Trading Uses
Photo: TokenPost
Ripple Prime plans to support the launch of Securitize Stocks and explore institutional trading uses for the tokenized U.S. shares, potentially bringing equities into its prime brokerage business. Securitize announced the tokenized-stock product’s launch on Oct. 8. The shares are issued on-chain and recorded in the issuer’s equity structure. Eligible investors in the United States, the European Union and other permitted markets can receive dividends and exercise voting rights. Ripple Prime’s involvement is planned. The firm intends to support the launch and examine whether the shares could fit its broader institutional trading business.
Source: TokenPost
