The SEC Has Given the Green Light to Tokenized Stock Trading. These 2 Crypto Stocks Will Be the Big Winners.
The SEC's asset tokenization push will be beneficial for Robinhood and Coinbase, among others.
Overview
On Sept. 17, the Securities and Exchange Commission (SEC) granted a five-year exemption to the crypto industry that allows certain exchanges to offer tokenized versions of stocks for trading. Robinhood Markets (NASDAQ: HOOD) and Coinbase Global (NASDAQ: COIN) are both well-positioned to profit, but one has a big lead on the other.
Let's see what the stakes of the competition are, and then get into how these two players are planning to win this emerging space.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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