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Websea lists GOOGLON tokenized Alphabet Class A stock for trading on June 5
Websea has announced the listing of GOOGLON, a tokenized representation of Alphabet Class A stock, with deposits now open and trading scheduled to begin on June 5 at 10:00 UTC.
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Websea has introduced GOOGLON, a tokenized asset that represents economic exposure to Alphabet Class A stock, with deposits now open and trading scheduled to begin on June 5 at 10:00 UTC. According to linked information, GOOGLON is fully backed 1:1 by the underlying shares, operates across multiple blockchains, and integrates features such as self-custody, permissionless transfers, and DeFi-based trading; however, token holders do not receive direct dividends or voting rights, with any dividends from the underlying shares being automatically reinvested.
Websea is a cryptocurrency exchange launched in August 2023, offering services for spot trading, futures trading with up to 100x leverage, P2P trading, and copy trading. The platform features a user-friendly interface, supports staking opportunities for passive income, and incorporates security measures such as two-factor authentication. More details about the broker's features can be found in the broker profile on Traders Union.
For context, our previous Websea update reported the launch of AVGO Perpetual Futures trading on the platform. To learn more about Websea’s earlier developments, see the previous Websea update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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