pfizer-tokenized-stock-ftx logo download PNG or SVG

Information about pfizer-tokenized-stock-ftx

Equities, also known as stocks, are traded on recognized and regulated exchanges. FTX, a cryptocurrency platform, offers selected equities in the form of spot tokens. These tokens represent actual shares of stock that are held and safeguarded by CM-Equity, a fully regulated and licensed financial institution based in Germany. If desired, the spot tokens can be exchanged for the underlying shares through CM-Equity. To participate in trading tokenized stocks on FTX, users may need to become customers of CM-Equity, undergo their know-your-customer (KYC) process, and comply with their regulations. Additionally, CM-Equity has the authority to monitor all trading activities to ensure adherence to compliance standards. It is important to note that the custody of equities is handled by a third-party brokerage firm, with CM-Equity acting as the provider of brokerage services, not FTX Trading LTD.

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