- This is the first phase in the launch of tokenized assets by XBO.com, which will shortly extend its offering with CFDs.
- Additionally, users have the ability to purchase fractional shares beginning at $3, which is a low barrier to entry for big global stocks.
XBO.com, a digital financial platform and cryptocurrency exchange of the future generation, has made an announcement about the deployment of tokenized equities on its Spot Trading platform. Through tokenized pairings, users are able to purchase and sell a variety of assets, including NVIDIA, Apple, Tesla, Microsoft, Google, Amazon, and Meta, among others. This functionality is the first stage in XBO’s overall strategy to tokenize assets.
Users are able to trade equities that are backed 1:1 by real company shares via the usage of USDT pairings using the spot trading feature of XBO.com. In addition, customers are able to purchase and sell cryptocurrency throughout the clock, and trading does not need any extra accounts or brokerage services. Additionally, users have the ability to purchase fractional shares beginning at $3, which is a low barrier to entry for big global stocks.
Lior Aizik, Co-Founder & COO at XBO.com stated:
“Tokenized equities are the future, and XBO plans to be the exchange that defines that future. We are giving traders a refined and efficient mechanism to interact with top global equities, combining the familiarity of stock markets with the speed, flexibility, and transparency that crypto offers.”
XBO.com is introducing tokenized versions of several of the most sought-after stocks in the world, which routinely rank among the most traded corporations on a worldwide scale. These stocks include:
- Apple
- Google (Alphabet)
- Broadcom
- Meta
- Tesla
- Eli Lilly
- Netflix
- Microsoft
- Amazon
This is the first phase in the launch of tokenized assets by XBO.com, which will shortly extend its offering with CFDs. This will provide a derivative product for sophisticated short-term traders that monitors asset prices without underlying share ownership, enables leverage, and will apply to stocks, commodities, indices, and other assets. Within a single unified platform, this will result in the creation of two unique trading products that cater to various trading techniques.
XBO.com’s dedication to developing a strong financial ecosystem that caters to all types of traders led to the launch of stock trading, which is the next step in this commitment. This new feature improves the platform in the following ways:
- Greater asset diversity
- Access to trending global stocks
- Advanced tooling inspired by professional trading platforms
- A secure, intuitive, and flexible experience
XBO.com is a global platform for cryptocurrency exchange that is dedicated to the development of a financial ecosystem that is accessible, safe, and rewarding. The manner in which people throughout the globe engage with cryptocurrency is being redefined by XBO.com, which offers user-friendly tools, cheap costs, and an increasing array of digital financial products. By the fact that it is the official worldwide partner of the Argentina Football Team, the platform is able to reach out to a rapidly growing number of cryptocurrency traders.
On XBO.com, tokenized equities are now available for trading. Discover the newest way of trading using cryptocurrency here.
