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Tokenized Stock Trading Volume Reaches $2.7 Billion Despite Higher Transaction Costs

(2 hours ago) · 1 source · Summarized by CryptoBipto

Trading volume for tokenized stocks has reached $2.7 billion, even though transaction costs can run approximately 3% higher than traditional stock trading. The growth suggests demand for blockchain-based stock trading persists despite the cost premium.

WHY IT MATTERS

Think of tokenized stocks like digital copies of traditional company shares that live on a blockchain, the same type of technology behind cryptocurrencies.

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SOURCES

  • cryptoslate.com

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