I have not jumped in yet since I do not trade stocks heavily but it does feel like an interesting shift. It blends two worlds that used to be totally separate and lowers the entry point for people who were never going to open a traditional brokerage account in the first place.
I am curious how others here see this. Is tokenized access to equities something that could actually reshape retail investing or just another experiment that fades out once the hype dies?
There are multiple platforms where you can trade both cryptos and stocks. I've not seen much pairs of stocks/cryptos but would be interesting to deal with e.g AAPL/USDT. But anytime a stock is involved, there will be heavy documentation, brokerage accounts & also regional restrictions. Stocks are governed by government bodies and they will not just let anyone trade in without getting proper information about the trader.I am curious how others here see this. Is tokenized access to equities something that could actually reshape retail investing or just another experiment that fades out once the hype dies?
So it the restrictions remains the same than there is no benefit in trading with tokenized stocks. Instead we can simple continue trading stocks & cryptos separately. It's good to have both in our portfolio.
That's the reason why couldn't purchase AAPL, TSLA, googl on those brokers platforms.. the kyc required was stringent ahah.. anyways now it's available on exchanges, I'll beef up my pf with some stocks.. I've also noticed this offer when you trade US stocks 👇🏾
This could fasttrack my decision though, cos I'm always in for some freebies in anyways.