KuCoin launches MemeFi: memecoins trade against tokenized stocks
- —Memecoins can be traded against tokenized Nvidia and GameStop shares
- —Trading is available 24/7, including after-hours
- —The structure gives traders double beta to memecoins and stocks
- —Volume in tokenized stocks remains low for now
Why it matters: It expands the use of memecoins as a quote asset and intensifies exchange competition for the tokenized-stock market.
Source: Coinfomania
More on this
Exchanges · Sep 22Bithumb Asset injects 112 billion won into subsidiary Asia Estate
Exchanges · 19:37Broadridge rolls out tokenization engine and AI tools as blockchain rivals threaten its market share
Exchanges · 19:30Bitmine's ETH Holdings Reach 5.98 Million Tokens, Total Crypto and Cash at $17.1 Billion