On-chain US stock protocol BBX officially launched: 7×24 hours perpetual trading for popular US stocks now available
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BBX news: Yesterday, the on-chain stock tokenization and trading protocol BBX officially announced its launch. The introduction of this protocol marks a deep integration between the traditional securities market and crypto-native liquidity, accomplishing a pivotal leap from pure "asset tokenization" to "asset derivatives." Highlights: — All-weather high-leverage trading: The platform allows users to directly use USDC / USDT stablecoins for 24/7 uninterrupted perpetual contract trading of US stocks, with up to 20x leverage, completely breaking the traditional US stock trading restrictions of time zones and weekend market closures. — First batch of top-tier instruments: The initial launch supports 10 of the most liquid and highly watched global US stocks, precisely covering AI tech giants and core crypto-related assets: NVDA, TSLA, AAPL, AMZN, GOOGL, AMD, PLTR, MSTR, HOOD, CRCL. — Robust compliance and asset segregation: Underlying assets of the protocol are independently segregated and custodied by top global brokers. The tokenization process is strictly managed by licensed institutions authorized under the Swiss DLT Act, ensuring a 1:1 absolute anchor between on-chain derivatives and underlying physical stock assets. Source: bbx.com
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