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XBO.com has launched tokenized stocks on its Spot Trading platform, allowing users to buy and sell global equities, such as Apple, Tesla, and Amazon, using crypto.
XBO.com, the cryptocurrency exchange and digital financial platform, announced the rollout of tokenized stocks on its Spot Trading platform. Users can buy and sell NVIDIA, Apple, Tesla, Microsoft, Google, Amazon, Meta, and more through tokenized pairs.
XBO.com’s spot trading allows users to trade stocks backed 1:1 by real company shares through USDT pairs. Trading requires no additional accounts or outside brokerage, and users can buy and sell 24×7 using crypto. Users can also buy fractional shares starting at $3, marking a low barrier to entry for major global stocks.
The platform is bringing tokenized versions of the most in-demand equities that consistently rank among the top traded companies globally, including: Apple, Google (Alphabet), Broadcom, Meta, Tesla, Eli Lilly, Netflix, Microsoft and Amazon.
This is XBO.com’s first step in its tokenized asset rollout, soon to expand its offering with CFDs, providing a derivative product for advanced short-term traders that tracks asset prices without underlying share ownership, supports leverage, and will apply to stocks, commodities, indices, and more. This will create two distinct trading products for different strategies, all within one platform.
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Source: https://crypto.news/xbo-com-launches-tokenized-stocks-trading/
