🔴 New SEC Exemption for Tokenized Stocks... So Why Don’t Investment Banks Expect Widespread Adoption?
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📰 TD Cowen said that the SEC’s innovation exemption granted for tokenized stocks will not see widespread adoption in the near term, citing data showing that perpetual futures contracts on stocks like NVIDIA account for 96% of trading volume on Binance, compared to only 4% for tokenized spot products. This is due to traders’ preference for leverage and their easy access to traditional stocks.
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📰 TD Cowen said that the SEC’s innovation exemption granted for tokenized stocks will not see widespread adoption in the near term, citing data showing that perpetual futures contracts on stocks like NVIDIA account for 96% of trading volume on Binance, compared to only 4% for tokenized spot products. This is due to traders’ preference for leverage and their easy access to traditional stocks.
━━━━━━━
📍 Did you like the content? Like and follow
⬡ LEGENDARY_007#LEGENDARY_007
