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Alibaba tokenized stock FTX (BABA)

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Price
$
93.50000000
Sentiment
Market Cap
$0.0
Volume (24 H)
$597,910.86
BABA with marketcap of BTC
$0.0000
Alibaba tokenized stock FTX / U.S. Dollar Tweet Timeline of BoldTrades_

About Alibaba tokenized stock FTX

What are tokenized stocks?

Equities are stocks that trade on traditional regulated exchanges. FTX lists tokens on select equities. These spot tokens are backed by shares of stock custodied by CM-Equity. They can be redeemed with CM-Equity for the underlying shares if desired.

CM-Equity is fully regulated in Germany, and is a licensed financial institution permitted to offer such products. All FTX users who trade tokenized stocks may also have to become customers of CM-Equity, and pass through CM-Equity's KYC and compliance. Furthermore, all trading activity may be monitored for compliance by CM-Equity. CM-Equity custodies the equities at a third party brokerage firm. CM-Equity (not FTX Trading LTD) provides the brokerage services.

Latest News On Alibaba tokenized stock FTX

No latest news on this token
0.3%
Average Weekly ROI
5.2%
Average Monthly ROI