StableStock has announced the listing of $10 million in tokenized stocks, featuring shares from the Magnificent Seven (M7) companies. These digital assets are backed 1:1 by real-world shares and are identified by unique tickers with an 's' prefix, such as sAAPL for Apple.
In addition to this listing, StableStock plans to launch StableVault, a yield-generation service, by November. The company is also developing stablecoins and derivatives products backed by tokenized shares. Recently, StableStock secured a multi-million dollar seed investment, with support from EZ Labs.
StableStock Lists $10M in Tokenized Stocks Including M7 Shares
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.