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MyStonks Disrupts Traditional Finance with Fully-Backed Stock Tokens—Wall Street’s Worst Nightmare Goes On-Chain
MyStonks Disrupts Traditional Finance with Fully-Backed Stock Tokens—Wall Street’s Worst Nightmare Goes On-Chain
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Move over, paper certificates—MyStonks just dragged U.S. equities kicking and screaming onto the blockchain. Their new marketplace tokenizes stocks with 100% custody backing, meaning every digital share is backed by the real thing (unlike some *cough* fractional reserve systems we know).
Why this matters:
Traders can now access Tesla or Apple shares 24/7 without broker delays—while purists rage about ’muh market integrity.’ The platform promises instant settlement, zero PDT rules, and the sweet smell of burning paperwork.
The cynical twist:
Ironically, this ’radical transparency’ feature would’ve saved investors billions during the 2022 brokerage app fiascos—but hey, legacy finance moves at the speed of molasses. Game on.
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