Cryptocurrencies
DeFiChain to Offer Tokenized Versions of Apple, Tesla
- Tokenized stocks will be collateralized by cryptocurrencies
- Nasdaq’s price feed to help power services on DeFiChain
Photographer: Michael Nagle/Bloomberg
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The Nasdaq stock exchange will be among the companies delivering price feeds to a service offering tokenized stocks.
Nasdaq’s feed, along with those of Finnhub, will power services on DeFiChain, a native decentralized finance blockchain for the Bitcoin network devoted to monetary applications and services, according to a statement from the blockchain’s community group.