Key insights
- MEW launched an app focusing on tokenized stocks, emphasizing self-custody and 24/7 trading, spurred by events like Robinhood's trading restrictions. While promoting accessibility to non-investors, the initiative's impact on US equity markets is likely limited due to regulatory uncertainties and the nascent stage of tokenized assets. The giveaway of tokenized assets outside the US suggests a focus on international markets initially.
Vince from MEW here! We just launched our app overhaul which focuses on tokenized stocks.
Tokenized stocks have been on our minds ever since Robinhood turned off the buy button. The importance of true ownership, self custody and the ability to trade and manage stocks 24/7 have been huge for us as a north star the last few years.
We would love for you to check it out. Even if you arent into the blockchain of it all! We want to continue to spread the gospel of ownership, community, and getting non investors investing.
Our Twitter has the announcement, but TIL I cant include X links, tho that make sense.
It also includes info about an activation giving away tokenized assets to those outside of the US.
Appreciate you all!