Now, DX.Exchange offers the first tokenized ETFs trading (not CFDs), including Nasdaq-mirrored QQQ, S&P’s SPY, and more.
The tokenized ETFs are compatible with the latest guidelines put forth by the European Securities and Markets Authority, and comply with the MiFID II directive.
What to expect
- Diversification for crypto investors, who can now invest in another financial tool.
- Broader liquidity for ETFs, including after-hours trading.
- Lower costs in comparison to current markets.
Why this matters
As of today, there’s over $130 Billion worth of cryptocurrencies that can now be invested in digital stocks and ETFs. Crypto investors who wished to hedge part of their crypto portfolio had only USD stable coins or other limited options. Now they can invest in real-world assets, on the blockchain.
Because cryptocurrencies are so accessible, they are thriving in “unbanked economies” and in developing countries. By allowing not only digital stocks trading, but ETFs as well, DX.Exchange can potentially connect billions of people to the global investment markets.