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MyStonks Launches Fully Custody-Backed On-Chain U.S. Stock Token Marketplace

MyStonks Launches Fully Custody-Backed On-Chain U.S. Stock Token Marketplace

Author:
Global Cryptocurrency
Published:
2025-05-10 16:46:02
10
2

MyStonks.org has unveiled a groundbreaking on-chain marketplace for U.S. stock tokens, setting a new industry standard with 100% custody backing. The platform enables cryptocurrency users to seamlessly purchase traditional equities using USDC or USDT from self-custodied wallets, bridging the gap between crypto and conventional markets.

Fidelity, the global asset management titan, serves as custodian for the platform with an initial $50 million in custodial assets. MyStonks has engineered a complete operational infrastructure that connects Fidelity-held U.S. equities to tokenized representations on Base blockchain, complete with minting and burning mechanisms.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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