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Sjuul Follings: Bitget launches Stocks 2.0 stock tokens backed by U.S. brokers

Sjuul Follings: Bitget launches Stocks 2.0 stock tokens backed by U.S. brokers
Bitget unveils stock tokens backed by shares

Sjuul Follings shares that Bitget has introduced Stocks 2.0, a platform where all stock tokens are fully backed by real shares held with FINRA-registered, SIPC-protected U.S. broker-dealers.

According to the announcement, dividends from these stock tokens are converted to USDT and credited directly to users' accounts. The tokens can be used across Bitget's trading ecosystem.

Follings has recently commented on trends in other digital assets. He highlighted XLM's breakout after the sixth test of resistance in a recent article. He also observed that SOL remained weak after rejection at $98 and returned to a consolidation range, according to his previous report.

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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