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MyStonks Launches Industry-Leading On-Chain U.S. Stock-Token Marketplace with 100% Custody Backing

  • On May 10, 2025, MyStonks.org introduced a decentralized platform in New York that enables cryptocurrency users to trade U.S. Stock tokens secured through professional custodial services.
  • The launch came after a Community Takeover initiative and established a collaboration with Fidelity, who safeguards users' U.S. Stock assets through their custody solutions.
  • The platform offers tokenized versions of 95 U.S. Stocks, including Apple and Amazon, with shares securely held by Fidelity Custody and represented on-chain as ERC-20 tokens minted through Base protocol smart contracts.
  • Users can buy and sell tokens such as AAPL.M, whose pricing uses Chainlink oracles, and any sell request burns tokens in a 1:1 ratio while converting to stablecoins.
  • This platform aims to reshape decentralized finance by creating a decentralized NASDAQ-like marketplace, supporting new projects, and ensuring asset authenticity through Fidelity Custody.
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The Berkshire EagleThe Berkshire Eagle
+52 Reposted by 52 other sources
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MyStonks Launches Industry-Leading On-Chain U.S. Stock-Token Marketplace with 100% Custody Backing

NEW YORK, May 10, 2025 /PRNewswire/ -- MyStonks.org, a decentralized trading platform, announced the official launch of a fully custody-backed, on-chain U.S. stock token marketplace in the crypto industry. Cryptocurrency users can purchase U.S. stocks on MyStonks. Global asset management…

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chainwire.org broke the news in on Saturday, May 10, 2025.
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