The tweet was deleted by the author.
But we saved everything 🙂.
Michael Geike, co-founder & CEO at Advanced Blockchain AG, announces that OndoPerps has launched a decentralized exchange (DEX) for trading perpetuals, where tokenized stocks can be used as collateral for leveraged positions of up to 20 times.
Geike contrasts this with conventional fintech trading platforms, stating that such platforms keep equities segregated, require separate cash accounts for margin, and have different settlement processes.
Geike has previously discussed how tokenization enables investors to access pre-IPO shares in companies like SpaceX and OpenAI via investment tokens. He has also reported on market trends such as Strategy’s STRC trading below par for the first time. These recent developments highlight Geike’s focus on digital assets and tokenized financial products.