Swarm Develops First DeFi-Based Stocks And ETFs Trading Platform

On Swarm’s platform, you can trade securities that are based on blockchain but are not crypto, like Apple and Tesla stock.

Many financial professionals are more interested in how blockchains could improve trading of stocks, bonds, and mutual funds than crypto.

Swarm, a Berlin fintech business, launched the world’s first DeFi-based public investment offering today.

To start, Swarm will only offer tokens that are fully backed by assets for Apple, Tesla, and two US Treasury Bond ETFs. These tokens will be based on the Polygon blockchain. This lets both individual and institutional investors get in, with no minimum amount needed.

This is different from regular trading because investors can buy and sell tokens at any time, even when markets are closed. Swarm says this is in full compliance with German law.

Another difference is that the owner takes full custody of the equities, eliminating trading costs.

Swarm says that in the future, it will add more stocks and real-world assets.

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