Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices

On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place. FTX Listed 36 Synthetic Stocks and … Read more

European Exchange to Offer Investing in Stocks With Cryptocurrencies

Cryptocurrency holders who look for ways to diversify their portfolios into other markets are about to get a new option for doing so. A regulated European platform, DX Exchange, is set to offer investing in stocks using popular cryptocurrencies. Also Read: Bakkt Completes First Round of Funding With $182.5 Million Trade Tokenized Stocks With Crypto … Read more