It's a race to see who becomes the first to disrupt the global financial system. @vladtenev @RobinhoodApp used to compete with other brokerage platforms, but last year they had a monumental shift in strategy: cash ATM / AI investment advisor / their own blockchain + tokenized equities. They don’t want to compete for brokerage business anymore, they want to disrupt current financial rails. Same for @RevolutApp — competing as a neobank wasn’t enough, and they are going full speed to innovate and leverage their existing user base to build new financial systems. @krakenfx and @coinbase are pure-play crypto companies that are going after the stock market via tokenized stocks — moving from a smaller crypto only market to large ones from credit, to stocks, to settlement etc. Very glad to see such evolution, and exciting to watch all the upcoming use cases. Personally, since it’s obvious that agentic trade will happen onchain, and that robots will soon handle most of the trading volume,...
This is what financial infrastructure is supposed to look like We launched @xStocksFi on Ethereum. Not because it was trendy, but because it was inevitable. Real stocks. Onchain. Fully backed. Self custodial. Available globally. Integrated with the architecture of tomorrow. I talked about this in KekSpace days ago. The image below is not a metaphor. It is a reminder that what looks like a game today will power the system tomorrow. The Idea Most people still do not realize it, but tokenized equities will become a foundational primitive of the next financial system. Just like stablecoins were the first domino, real world assets like equities are the second wave. But only if they are done correctly. That means they need to be permissionless. They need to be programmable. They need to be available anywhere, to anyone, without requiring a traditional brokerage account or a residency check. xStocks on Ethereum meets all of those criteria. What Makes This Different This is not a...
4.21K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.