• FTX launches tokenized shares
    Cryptocurrencies,  Technology

    FTX pairing tokenized tech shares with cryptocurrencies

    Fractional stocks can make gaining exposure to equities less expensive, as traders don’t need to purchase a whole share

    The crypto derivatives exchange FTX will soon offer tokenized shares of some of the world’s biggest companies—including Tesla, Apple, Amazon and Alphabet. From next week, fractionalized versions of these tech stocks will be paired against Bitcoin and stablecoins, opening the stock market to a new sub-section of investors.