Toronto, Canada, July 11, 2024, Chainwire
INX, a regulated marketplace for trading security tokens and tokenized Real World Assets (RWAs), is proud to announce that it has listed NVIDIA Corp (NVDA) shares on its platform. These tokenized shares will be bNVDABacked one-to-one by NVIDIA stock and issued on the Ethereum network in partnership with Backed, the initiative is designed for eligible users outside the United States and has made significant progress in the RWA market by connecting traditional financial assets with digital transactions.
The Future of Investment
This launch is a monumental step towards democratizing access to traditional financial assets and seamlessly integrating 24/7 liquidity and accessibility into the digital asset space. Qualified investors outside the US, including those in Asian markets, can trade. bNVDA The ease and speed of cryptocurrencies, and the ability to fund your account with cryptocurrencies outside of traditional stock market hours, self-custody securities open up new possibilities for traders.
bNVDA holders are entitled to Nvidia shares, the collateral value of which is held by an authorized custodian pursuant to the Account Management Agreement. Importantly, they are entitled to all shareholder rights, including NVDA dividends.
“We are excited to begin listing tokenized securities on our platform,” said Shai Datika, CEO of INX. “This represents another milestone in our journey to enable trading of Real World Assets (RWA) tokens. We are committed to improving the accessibility and efficiency of the tokenized asset market and ushering in a new era of global finance.”
INX provides a marketplace for tokenized assets, integrating cryptocurrencies, fiat currencies, and security tokens into a single platform. Traders, especially those in Asian financial hubs, can now benefit from 24/7 trading. bNVDAAnd partial stock ownership.
Key Features of Tokenized Stock Trading
- Self custody: Store your securities directly in a wallet that only you control.
- 24/7 trading: The ability to trade anytime, anywhere, without being bound by traditional market hours is a huge advantage, especially for investors in different time zones, such as those in Asia.
- Shareholder Rights – Maintains stock profits such as dividends.
- ERC-20 Compatibility: Enjoy the benefits of using tokenized stocks in a variety of DeFi applications, including lending collateral and liquidity pools.
- Blockchain Security: Leverages the inherent security and transparency of blockchain technology.
- Entrance: Available to qualified investors outside the U.S. across multiple jurisdictions, including major Asian markets.
- All on-chain: Fund your account with cryptocurrency or fiat currency and invest directly in tokenized stocks.
Trade bNVDAInvestors must create an account on the INX platform and complete the required verification procedures.
About INX
In a world where anything can be tokenized on a blockchain network, INX provides an innovative and regulated marketplace for trading security tokens and tokenized assets that accept both fiat and cryptocurrencies. Led by a team of experienced and dedicated business, financial and technology veterans, INX shares the vision of redefining capital markets through blockchain technology and a rigorous regulatory approach.
LinkedIn: INX Digital Company
X / Twitter: @INX_Group
Website: INX
contact
Silverbert
Alan
INX Digital Company, Ltd.
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