⚡ SHEIN has just debuted on the Hong Kong exchange, and the tokenized $SHEINx is listed on PancakeSwap $CAKE .

$SHEINx is developed by xStocks, enabling trading of SHEIN stock using a crypto and stablecoin wallet, with no KYC required. SHEIN raised HKD 13.6 billion (~USD 1.7 billion) at a price of HKD 48.56 per share, valuing it at USD 26.5 billion—far below the ~USD 100 billion valuation before the IPO. The stock fell 10% in its first trading session.

Why is it noteworthy?
The token isn’t real stock: no

#DeFi #CryptoNews
🔗 Source: Crypto Briefing
⚠️ Information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).