Tokenized stocks are here. In fact, the PayPal tokenized stock FTX (PYPL) was CoinMarketCap\u2019s most trending cryptocurrency on 30 March 2021.The interest did not translate into trading volume, however. CoinMarketCap estimates the PayPal tokenized stock had a $1,017.43 24-Hour Market Volume. The PayPal tokenized stock was CoinMarketCap\u2019s 3,848th ranked cryptocurrency on 30 March 2021.Mr. Market paid a $248.32 Coin Price for the PayPal tokenized FTX stock on 1 April 2021. In contrast, Mr. Market paid $247.54 for PayPal Holdings (NASDAQ: PYPL) shares on the same day. Additionally, PayPal (PYPL) had a market capitalization of $289.91 billion on 1 April 2021.A tokenized stock is a cryptocurrency that represents a share of stock held in a brokerage account. To buy the token, you need to open a brokerage account.A tokenized stock is the equity equivalent of a stablecoin. A stablecoin is a cryptocurrency they build a digital robot into. The digital robot releases payment in a fiat currency with funds held in a trust account.In the tokenized stock, the digital robot trades the stock on an exchange when you sell the token. For example, the PayPal tokenized stock (PYPL) trades on the FTX Exchange in Germany.CM-Equity, a full licensed and regulated financial institution, operates the FTX Crypto Derivatives Exchange. CM-Equity is a licensed brokerage which offers investment advice and accounts.There are some drawbacks to tokenized stocks. For instance, you need to comply with Know Your Customer (KYC) requirements to open an FTX account.That means you will surrender your privacy and reveal your identity and location to the exchange and the German and European Union (EU) bureaucrats that regulate it. Hence, I think tokenized stocks defeat one purpose of cryptocurrency.To explain, many people cryptocurrency for security and privacy. However, tokenized stocks come with holes that could allow bureaucrats and hackers to penetrate your\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Tokenized stocks are here. In fact, the PayPal tokenized stock FTX (PYPL) was CoinMarketCap\u2019s most trending cryptocurrency on 30 March 2021.The interest did not translate into [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/4173"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=4173"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/4173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=4173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=4173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=4173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}