Trading Stocks and Gold with Crypto Now Possible on FreeBnk

FreeBnk launches tokenized gold and stock trading. 

Benefits of tokenization include faster settlement and more transparency. 

Tokenized assets to reach billions in value.  Crypto and traditional finance are increasingly becoming intermingled. This is especially true as many traders want to invest in both but don’t want to manage several accounts. This is where tokenized assets come in, enabling greater benefits for traders. Most recently, FreeBnk, a UK-based platform, allowed users to trade many top stocks and gold with crypto. This initiative aims to make these assets more accessible to crypto traders. FreeBnk Enables Trading Apple, Tesla, and Gold with CryptoCrypto is becoming increasingly integrated with traditional trading. In August 2024, FreeBnk introduced tier-1 stocks and gold to its tokenized trading platform. Users can now invest in and trade tokenized versions of these assets directly on the platform. Sponsored These stocks are available for users as Real World Assets (RWAs) in tokenized versions. The process works by buying real-world assets such as stocks and gold, the total amount of which is 20kg, tokenizing them, and converting them into smaller units. These units can be traded as any crypto on FreeBnk’s platform. The available tokenized stocks include those from major companies such as Apple Inc. (APPL), Tesla Inc. (TSLA), Microsoft Corp (MSFT), and more. By offering these tokenized stocks, FreeBnk hopes to bridge the gap between traditional finance and blockchain technology further. RWAs and Their Impact on Stock TradingIn some circles, RWAs are seen as the next evolution of stock markets. By converting traditional financial assets such as stocks into digital tokens on a blockchain, traders can benefit from greater control, lower fees, faster settlement, and more transparency.  Sponsored A key consideration is that tokenized stocks can be traded on decentralized platforms. These platforms give users more control, which leads to lower fees. An added benefit is the potentially faster settlement time due to a lack of intermediaries, improving accessibility. This is why global consulting firm Rolland Berger claims tokenized assets will reach a $10 million market value by 2030. These decentralized platforms, running on blockchain technology, also offer built-in transparency benefits. As blockchain tech is inherently transparent, traders will be able to see exactly what the order of their traders is and ensure that large traders are not given preferential treatment. On the Flipside The lack of a clear, global regulatory framework for tokenized assets could lead to compliance issues.

Several other companies are offering stock trading with crypto.  Why This MattersTokenization is a key step in making stock and asset trading more democratic and decentralized. By moving stocks to a decentralized platform, traders will benefit from more transparency and better access to trading. Read more about FreeBnk bringing together blockchain and tradFi: DeFi is Coming for Banking: FreeBnk CEO on Banking 3.0Read more about Solana ETF prospects: Solana ETFs on Hold? Here’s Why VanEck Remains Hopeful .social-share-icons { display: flex; flex-direction: row; margin-top: 32px; margin-bottom: 16px; gap: 8px; } .social-share-icons a { display: inline-block; color: #555; text-decoration: none; } .social-share-icons svg { width: 31px; height: 31px; }

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