MyStonks completes upgrade and officially launches 95 US stock on-chain tokens

Planet Daily News: The decentralized US stock token trading platform MyStonks has announced a complete upgrade, officially launching on-chain tokens covering 95 mainstream US stocks, including Microsoft (MSFT), NVIDIA (NVDA), Apple (AAPL), Amazon (AMZN), Google (GOOGL), Meta (META), Tesla (TSLA), JPMorgan Chase (JPM), Bank of America (BAC), UnitedHealth (UNH) and other top global companies. It is reported that MyStonks has reached a strategic partnership with global asset management giant Fidelity, which provides 100% asset custody guarantee for platform users, ensuring that each token corresponds to a real and compliant stock holding. Users can directly buy and sell corresponding ERC-20 stock tokens by using their self-managed wallet with USDT or USDC stablecoins. The platform will convert stablecoins to US dollars, purchase real stocks, and mint tokens 1:1 through Base chain smart contracts, where users' tokens represent actual stock shares that can be traded or redeemed at any time. Price data is provided in real-time by Chainlink oracles, ensuring fair and transparent trading prices while enhancing asset liquidity and security.