Digital Currency
Add as a preferred source on GoogleThe planned launch includes a three-month maker-fee waiver and a separate reward that may return all fees to traders who meet daily volume targets.
Poloniex announced plans to launch blockchain-based versions of U.S. stocks and exchange-traded funds, with a three-month maker-fee waiver and a separate reward tied to daily trading volume.
The exchange made the announcement Monday, Nov. 9. Traders who meet daily volume goals may get all fees they paid back through the separate reward.
The announced products would use blockchain records to represent assets traded in traditional markets.
The TestFlight beta also includes ETF and metal swaps, but access is restricted in the United States and some other regions.
A one-hour pre-open was scheduled before the market opened. OKX said holding xBSP does not make users shareholders or give them direct ownership in the company.
Researcher stein estimated seven Alpaca-linked product groups at $4.17 billion, or 91% of a $4.6 billion tokenized-stock market; xStocks documentation lists other custodians for some backing shares.
