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The debut is part of the xStocks Alliance, offering token versions of 60 stocks and ETFs including Apple, Microsoft and Core S&P 500. The initiative is part of a broader trend of bringing traditional financial instruments onto blockchain rails, also known as tokenization of real-world assets.
"By bringing familiar assets onto the blockchain with unprecedented accessibility, we are not just bridging traditional finance and DeFi; we are building the foundational blocks for a truly open, efficient, and inclusive global financial system where everyone can participate in wealth creation," Levi said.
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