Abbott xStock
“Investing has long been accompanied by obstacles. Borders, brokers, restrictions. It has always been complex, expensive, and inaccessible to millions of people. Tokenized stocks were created to change that. Tokenized stocks are stocks that have been tokenized. They are backed by underlying assets at 1:1 and can be composed with decentralized finance protocols, comply with EU regulatory requirements, be made available to non-US users, and provide a legally enforceable claim to the value of the stock. Tokenized stocks allow ordinary users to easily access 57US stocks and exchange-traded funds through leading centralized and decentralized exchanges, and can be integrated with other decentralized finance protocols like any other token.”
Overview
“Investing has long been accompanied by obstacles. Borders, brokers, restrictions. It has always been complex, expensive, and inaccessible to millions of people. Tokenized stocks were created to change that. Tokenized stocks are stocks that have been tokenized. They are backed by underlying assets at 1:1 and can be composed with decentralized finance protocols, comply with EU regulatory requirements, be made available to non-US users, and provide a legally enforceable claim to the value of the stock. Tokenized stocks allow ordinary users to easily access 57US stocks and exchange-traded funds through leading centralized and decentralized exchanges, and can be integrated with other decentralized finance protocols like any other token.”
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Funding history
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