Nasdaq & Estonian: Launch the first Ethereum Tokenized stocks

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nasdaq-estonian-launch-the-first-ethereum-tokenized-stocks

Nasdaq & Estonian: Launch the first Ethereum Tokenized stocks

  • From 7 January investors trade in companies including Apple, Facebook and Tesla outside of the US even when the stock markets closed
  • DX Exchange confirmed it would offer users the option to trade big-name stocks using tokens on the Ethereum blockchain via smart contracts
  • The launch make DX the only exchange licensed to offer tokenized stock products in the EU
  • Digital stocks combine the best of both worlds: blockchain technology and traditional stock investments
  • To realize the project, the exchange partnered with Nasdaq and use Financial Information exchange (FIX) protocol in line with the majority of US firms active in the market