Jupiter:- Equities form the basis of capital markets. There’s an emerging trend in web3 to bring these equities on blockchain. Recently, Kraken joined hands with Backed and Solana Foundation to launch xstocks. With this, the leading exchange is offering tokenized US stocks and ETFs on the Solana blockchain. Now, in another exchange moving towards this, Jupiter has signed a memorandum with the stock exchange of Kazakhstan. According to the MoU signed, companies listed at AIX or the Kazakhstan’s stock exchange will have the option to pursue dual listing mechanism. According to this, a company listed at exchange can pursue the traditional mechanism of IPOs as well as can issue its tokenized stocks on Solana. Equities to Get Duel Listings – On Solana and On Exchange The partnership is built between AIX, Intebix, Solana and Jupiter. Intebix, a tokenization platform, the Solana Foundation, and Jupiter will jointly explore the regulatory, technical,… Read More at Coingape.com
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