The tweet was deleted by the author.
But we saved everything 🙂.
Gate.io announced that its gStocks service offers tokenized stock products backed 1:1 by real shares held with independent third-party custodians, with trading and settlements conducted in USDT and dividends distributed according to product rules.
Gate.io's gStocks allows users to trade tokenized stock products that are each backed 1:1 by actual shares, which are held by independent third-party custodians. According to the broker's published materials, these stock tokens are traded and settled using USDT, with trading available around the clock, and dividends are distributed in USDT according to specified product rules. The tokens are integrated into Gate's unified account system, permitting their use as collateral for margin trading and access to automated trading bots. However, the products only provide price exposure to the underlying stocks, and holders do not obtain shareholder rights such as voting or participation in corporate governance.
View post on X Loading...
Gate.io is a multifunctional cryptocurrency trading platform offering spot, margin, futures, and ETF trading, as well as tokenized assets like the proprietary GateToken (GT). The exchange features cloud mining, lending and borrowing services, customizable trading strategies, a news portal with analytical broadcasts, and an interactive learning system for newcomers. For more information, see the broker profile on Traders Union: broker profile on Traders Union.
For more context, see our previous Gate.io update on Traders Union, which covered the broker’s regulatory advancements, security initiatives, and strategic partnerships unveiled at the Oracle Red Bull Racing headquarters.