KuCoin Introduces Tokenized Stock Trading, Following Kraken, Bybit, and Robinhood

KuCoin, a prominent cryptocurrency exchange, has recently announced the launch of its tokenized stock trading platform. This innovation enables users to trade fractions of shares in major publicly traded companies such as Apple and Tesla, eliminating the need to purchase entire shares. These tokenized stocks mirror the market value of the underlying stocks and provide investors with exposure to the traditional stock market through their cryptocurrency accounts. This launch signifies a notable advancement in bridging the gap between decentralized finance (DeFi) and traditional finance. This initiative follows similar decisions made by exchanges like Kraken, Bybit, and Robinhood, indicating a growing trend towards integrating conventional assets with blockchain technology. This movement empowers investors to access new markets and diversify their investment portfolios in innovative ways.