Hassan Maishera
On Friday, the Hedera Foundation announced via a blog post that it has collaborated with Swarm, a real-world asset (RWA) protocol, to launch tokenized stocks on Hedera Network.
With this launch, equities like Apple, Tesla, and MicroStrategy will be made available on-chain, which are backed 1:1, insolvency-protected, DeFi-compatible and accessible to both retail and institutional investors.
Through this collaboration, Hedera users can leverage a redemption pool, enabling instant redemptions of tokenized stocks, bypassing the traditional market’s T+2 settlement delay.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.24396 at press time, down 4.1% over the last 24 hours.
