BYBIT, Bitcoin Exchange (BTC) and cryptocurrency have taken a step towards consolidating traditional financial assets by linking backed Finance, a company specializing in aggressive tokenization in the real world (RWA).
This collaboration introduces XStocks, Service that allows token tokenization actions in network solanaYou may remove them directly in the cash market, self-capacity wallets.
A tokenized action, or chain action, is a digital representation of a traditional action issued on a cryptocurrency network.
Each token equals the fractional or complete action of the company, allowing investors to buy and sell and exchange these assets.
In the early stages, This service offers 11 of the most popular US actions available Works against Stablecoin Tether (USDT). Among them are technical giants such as Apple (AAPL), Tesla (TSLA), Alphabet (GOOGL), Microsoft (MSFT), NVIDIA (NVDA), META (META), and Amazon (AMZN). Users with accounts registered with Bybit can operate these actions 24 hours a day, 7 days a week.
As explained in the Education section of Cryptocurrency, RWAs such as iconic action attempt to digitize concrete assets from photographs to homes and turn them into negotiable tokens in decentralized networks.