LBank, a prominent digital asset exchange, has started a new collaboration with xStocksFi, a leading platform dealing with tokenized securities. The partnership focuses on enabling unparalleled trading of tokenized and collateralized US equities, letting consumers get real-world stock exposure on LBank’s platform. The platform took to social media to share the details of this joint effort. Earlier, many other mainstream exchanges have also collaborated with xStocksFi for the same purpose.
LBank to Deliver Tokenized Equities in US Market to Crypto Traders Across Globe
As a part of this collaboration, LBank will reportedly list the earliest series of diverse tokenized equities, featuring $MSTRX and $CRCLX. They are the native digital coins of prominent US-listed stocks. Hence, on the 21st of July, the respective assets’ spot trading will go live on the 21st of July. This delivers 24/7 access to markets that are conventionally restricted to operating during Wall Street trading hours.
The integration between LBank and xStocksFi guarantees institutional-level liquidity, near-zero slippage, and zero fractional barriers. This replicates the experience of the bigger conventional markets, apart from benefiting from the efficiency provided by blockchain infrastructure. Each of the tokenized stocks will have a complete back support from real-world assets, enabling regulatory alignment and transparent collateralization.
Simultaneously, equity tokenization is becoming one of the top trends in the worldwide finance, unlocking reach to geographically restricted or conventionally illiquid markets. Now, this partnership allows LBank users to trade stocks such as crypto, with rapid settlement times and comprehensive liquidity. Additionally, the respective tokenized stocks have the potential to work as a gateway enabling DeFi integrations for innovative products like on-chain derivatives and more.
xStocksFi has witnessed staggering traction due to its broader tokenization framework. It offers the backbone to guarantee the redeemability of digital tokens for underlying stocks, supported by custodians in different regulated jurisdictions. The respective approach merges conventional finance’s security with blockchain accessibility, facilitating both retail and institutional crypto users.
Merging Crypto Exchanges with Stock Markets Amid RWA Tokenization
According to LBank, this collaboration commences an exclusive epoch of merged finance amid the rising demand for the tokenization of real-world assets (RWAs). Thus, this initiative paves the way for an ecosystem marked by blurred boundaries between crypto exchanges and stock markets. Moreover, LBank also plans to roll out additional tokenized equities during the next months to broaden the liquidity pool to cope with cross-market strategies for trading.
