Anchored and Uniswap to Launch Tokenized Stocks on Arbitrum

by shayaan

Anchored, a digital infrastructure provider for capital markets, plans to launch its tokenized stocks on L2 Arbitrum with Uniswap, a decentralized exchange protocol. The initial route will use UniswapX, allowing users to access the assets through onchain infrastructure. UniswapX adds a routing system based on requests for quotes and third-party solvers to connect trades with available liquidity.

The tokenized stocks will be backed 1:1 by underlying assets and support onchain issuance, redemption, and USDC settlement. Anchored said the launch is designed to make tokenized stocks available through infrastructure already used by wallets, liquidity providers and market makers.

The launch is expected to support further integrations with wallets, DeFi protocols and other liquidity venues. Anchored said its longer-term plans include tokenized funds, IPO access and infrastructure for pre-IPO and private assets.

Image: Magnific

cryptonews.net

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