The tokenized securities market INX platform has launched a tokenized security, bNVDA token, which is backed one-to-one by Nvidia stock, for eligible non-US users, but has no formal connection with chipmaker Nvidia. According to relevant news released by INX and Backed, the issuer of tokenized real-world assets, bNVDA tokens can be traded outside of traditional stock market trading hours and allow users to fund their accounts and purchase tokenized securities using cryptocurrencies.
INX CEO Shy Data said: "This collaboration is another milestone in our realization of real-world asset token trading. We are committed to improving the accessibility and efficiency of the tokenized asset market and ushering in a new era of global finance." (TheBlock)