Okay, here is a detailed article based on the press release from PR Newswire about the MyStonks launch, written in an easy-to-understand manner.
MyStonks Unveils On-Chain U.S. Stock Marketplace with Key 100% Custody Backing
[Your City, State] – May 10, 2025 – A new player in the world of digital assets has emerged, aiming to bridge the gap between traditional finance and the burgeoning blockchain space. According to a press release published by PR Newswire on May 10, 2025, MyStonks has announced the launch of what it describes as an “industry-leading” on-chain marketplace for U.S. stock tokens.
The core promise of the MyStonks platform is to offer global investors simplified and direct access to the U.S. equity market by tokenizing shares and making them tradable on a blockchain.
What Does “On-Chain U.S. Stock Token Marketplace” Mean?
In simple terms, MyStonks is taking traditional U.S. stocks – like shares of Apple, Google, or Tesla – and creating digital tokens on a blockchain that represent ownership in those stocks. These tokens can then be bought, sold, and held using blockchain technology, similar to how cryptocurrencies are traded. The marketplace is the platform where these tokenized stocks are listed and traded.
The Crucial “100% Custody Backing” Feature
While the idea of tokenizing real-world assets isn’t entirely new, MyStonks is putting a strong emphasis on a feature they believe sets them apart: 100% custody backing.
This means that for every single stock token issued and trading on the MyStonks platform, a corresponding, real share of the underlying U.S. company’s stock is held securely in a regulated custody arrangement.
- Why is this important? This feature is designed to provide a crucial layer of trust and security for investors. It assures users that the token they hold isn’t just a synthetic representation or a derivative; it is directly linked to a real, physical share of the company stock. This backing helps to legitimize the token and connects the digital asset firmly to the value of the traditional security. It also addresses concerns about whether the tokens truly represent the assets they claim to.
Opening Doors for Global Investors
One of the main benefits MyStonks highlights is the potential to democratize access to the U.S. stock market for people around the world. Traditional international investing can often be complex, expensive, and subject to numerous barriers depending on the investor’s location and local regulations.
By leveraging blockchain technology, MyStonks aims to:
- Simplify Access: Allow investors from various countries to easily open accounts and start trading U.S. stocks via tokens.
- Enable Fractional Ownership: Often, tokenization allows investors to buy just a fraction of a stock share. This makes investing in high-priced stocks much more accessible to individuals with smaller amounts of capital.
- Increase Efficiency: Blockchain transactions can potentially offer faster settlement times compared to the traditional T+2 (trade date plus two business days) settlement cycle seen in conventional markets.
- Enhance Transparency: Transactions on a public blockchain are transparent and verifiable, which can reduce counterparty risk and increase confidence.
Addressing Traditional Market Pain Points
MyStonks positions its launch as a solution to some of the long-standing challenges in traditional securities trading, such as:
- High brokerage fees and transaction costs, especially for international trades.
- Slow and cumbersome settlement processes.
- Lack of fractional ownership options for many stocks.
- Difficulties for non-U.S. residents in accessing the market.
By combining the accessibility of blockchain with the security of 100% real-asset backing, MyStonks hopes to offer a compelling alternative for investors seeking exposure to the U.S. stock market.
Looking Ahead
The launch of MyStonks’ marketplace with its focus on verifiable custody backing marks a significant step in the evolution of tokenized securities. While the intersection of blockchain and regulated financial markets is still developing, platforms like MyStonks are attempting to build trust and provide a compliant framework for trading traditional assets in a decentralized manner.
As reported by PR Newswire on May 10, 2025, the MyStonks platform is now live, inviting global users to explore a new way to invest in the U.S. stock market through secure, custody-backed digital tokens.
MyStonks Launches Industry-Leading On-Chain U.S. Stock-Token Marketplace with 100% Custody Backing
The AI has delivered the news.
The following question was used to generate the response from Google Gemini:
At 2025-05-10 17:05, ‘MyStonks Launches Industry-Leading On-Chain U.S. Stock-Token Marketplace with 100% Custody Backing’ was published according to PR Newswire. Please write a detailed article with related information in an easy-to-understand manner. Please answer in English.
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