Jun 30, 06:43 PM

Raydium and Xstocks Enable 24-Hour Trading of Tokenized U.S. Stocks on Solana

Decentralized exchange Raydium and the Xstocks protocol have begun offering on-chain trading of more than 55 tokenized U.S. equities on the Solana network. The new service lets investors swap blockchain-based versions of stocks such as Nvidia (NVDAx), Tesla (TSLAx) and the SPY index fund around the clock, including weekends and traditional after-hours sessions. The equity tokens settle almost instantly and carry minimal transaction fees, mirroring the price of the underlying shares while remaining transferable on Solana. According to project materials, the products are issued under Swiss regulations and are not available to U.S. citizens or residents, addressing securities-law constraints. The launch broadens Solana’s push into so-called internet capital markets, bringing the speed of decentralized finance to conventional equity trading and potentially challenging the time and geographic limits of existing stock exchanges.

#Raydium #Solana #Nvidia #Tesla #Swiss

Written with ChatGPT .

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Raydium and Xstocks Enable 24-Hour Trading of Tokenized U.S. Stocks on Solana

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