Swarm will launch nine stock tokens on the Plasma mainnet
ChainCatcher news, according to The Defiant, DeFi platform Swarm announced that it will launch tokenized products for nine stocks including Apple and MicroStrategy on the Plasma mainnet, allowing users to trade on-chain using stablecoins.
The related tokens are issued in accordance with the EU Prospectus Regulation, and holders enjoy the rights of the underlying securities. Plasma is supported by Tether and others, and will have over 2 billions USD in liquidity at mainnet launch. The on-chain value of the RWA sector has exceeded 30 billions USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
