2022-5-3 10:00 |
We caught up with Bryan Hernandez, the founder of Structure, an upcoming decentralized exchange that offers tokenized stocks that are tradeable 24/7. The platform’s goal is to provide ways for the currently unbanked parts of the world to get access to stocks such as Tesla, Google, and Apple, which are presently out of reach.
A novel and exciting approach, the tokenized versions of the stocks will be available on whichever blockchain you prefer. You will be able to purchase a fractionalized Tesla share on Binance Smart Chain and Apple shares on Polygon. The shares are backed 1:1 with physical shares purchased by Structure to ensure price discovery and validation of the underlying assets.
We also asked Hernandez his thoughts on the current regulatory environment in the US with regards to the SEC clamping down on interest-bearing crypto products. Watch the full interview below to get insight from a platform looking to change the way the world invests in US stocks that does not offer its services to US citizens.
The post Tokenized cross-chain stocks tradable 24/7 – is this the future? appeared first on CryptoSlate.
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