stock ownership: The announcement is part of a growing shift to tokenize financial assets that proponents argue gives investors the ability to trade traditional assets they might otherwise struggle to do, according to Market Watch. If you look at stock trading, it's really for the middle and upper class, said Daniel Skowronski, co-founder and CEO of DX. Exchange. Estonia-based cryptocurrency exchange DX. Exchange said on Wednesday its clients can now trade 15 of the most popular ETFs on its cryptocurrency exchange, hinting at where the nascent market may be headed. With fractional ownership, it opens up stock ownership to the bottom billion and people can, for example, own 10 worth of Facebook shares. Investors exchange Ether, ETHUSD, -1.80% the native cryptocurrency of the ethereum blockchain, to gain exposure to the ETFs of their choice, which are purchased and held by MPS Market Place Securities, a partner of DX. Exchange. Fractional ownership is where investors can own part of a single stock, ETF or other asset.
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Tagged under stock ownership, cryptocurrency exchange topics.