24/7 markets are the future. Although, I'm not too sure how tokenised assets provide any advantage from the stock market setup we have at the moment.
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24/7 markets are the future. Although, I'm not too sure how tokenised assets provide any advantage from the stock market setup we have at the moment.
If you own stocks and want to use them as collaterals for borrowing money, you will need to go to your bank, make a specific contract, pay for the contract and then your limit will be under manual surveillance. On the blockchain, no kyc needed for owning tokenized shares. You can use them as collateral without contract and almost no fees. The code defines whether you are liquidated or not. It's much more efficient and less const intensive.