The Zhitong Finance App learned that although the overall trading popularity of the cryptocurrency market has cooled down, the tokenized stocks, exchange-traded funds (ETF) and new derivatives markets are showing a rapid growth trend. Asset tokenization is becoming a new growth hotspot in the cryptocurrency industry, driven by the gradual improvement of the regulatory framework, the accelerated deployment of Wall Street institutions, and rising investor demand for highly speculative trading products.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.