Facebook tokenized stock Bittrex FB Price 247.36

What are tokenized stocks? Traditional securities, particularly shares in publicly firms traded on regulated exchanges, are represented by tokenized stocks. The benefits of tokenized stocks include fractional ownership of traditional securities, access to markets, and more. There is a Similar to contracts for differences, tokenized stocks are a tokenization of a digital total return swap contract. The value of the digital asset is determined by the value of the traditional security of the underlying asset. $100 of the debt derivative would be collateralized with $100 of the traditional security.
Derivative contracts are listed by Bittrex Global. The shares of stock powered by DigitalAssets.AG are backed by these token. They can't be redeemed for the underlying shares. There is a There are only spot markets for the tokenized stocks.
DigitalAssets.AG facilitates the tokenization of traditional financial assets.