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Tokenised securities

Tokenised securities are tokens that secure real assets: stocks, futures, gold, oil, etc. It is the newest instrument on crypto exchanges.

Description:

Every token is a digital signature that is written in the blockchain network. The market rate of the asset is called to the token and is 1:1. It allows brokers to trade tokens like real stocks.

Pros and Cons
Pros
  • Tokenised securities allow brokers to trade without a license. You need just sign up on the crypto exchange and have enough money for trading.
  • Brokers can trade from every country that has access to the Internet.
  • Brokers can trade tokens across all crypto exchanges. In the real-world brokers can trade only one exchange.
  • New product will open access to buying shares of real companies using cryptocurrency.
Cons
  • Tokenised securities do have not a legal regulation. It means, if you buy a token you won’t get a real stock of the company.
  • High level of fraud. Every company can deceive or just go bankrupt. Anyway, the trader loses his assets.
Developing
South Korea

Mirra is the first company to announce trading synthetic versions of U.S. stocks. synthetic assets already have their own name: Mirror assets or mAssets. The task of each asset will strictly reflect any form of asset, whether gold, cryptocurrencies or company shares. And with Terra's blockchain, all assets can be traded in one place with no need to undergo KYC. This will allow anyone to sell and buy U.S. assets, not just U.S. residents, you should only have access to the Internet.

USA

The U.S. Securities and Exchange Commission (SEC) approved the country's 17th stock exchange, a subsidiary of Boston-based BOX Exchange, which will incorporate blockchain technology. BSTX ultimately aims to expand trading to all U.S. stocks and potentially tokenized securities, tock tokens are digital versions of equities pegged to the underlying share, usually traded in fractional units.

Timeline

Further Resources

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References

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