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Tuesday

28 September 2021

Nasdaq to provide price feeds for tokenized stock trades on DeFiChain

Nasdaq to provide price feeds for tokenized stock trades on DeFiChain


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Tokenized stocks have had a shaky few months from a regulatory perspective, but that seemingly hasn't stopped legacy financial giants and decentralized finance (DeFi) advocates from inking new deals. .

Earlier that same month, sales of Binance’s highly popular stock tokens, which represented fractions of equity shares in firms such as Tesla and Coinbase, were suddenly suspended following pressure from Hong Kong's securities regulator and earlier reports that European and British regulators had been scrutinizing the offering for possible non-compliance with securities laws.

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