On Wednesday, Abra said its app will use the Bitcoin blockchain and smart contracts technologies to support fractional investments in stocks and exchange-traded funds (ETFs). Abra already offers the ability to “invest” in 50 fiat currencies and over 30 cryptocurrencies. This app is also very bad and we really love talking about it.
On Jan. 7, digital exchange DX.Exchange, based and regulated in Estonia, began offering investors the ability to trade digital tokens backed by shares in 10 NASDAQ-listed stocks, including Apple, Amazon, Facebook, and Microsoft. And in October, crowdfunding platform Indiegogo sold tokenized shares of the St. Regis Aspen Resort to SEC-accredited traders.