Can you explain me why the recent launch of "tokenised equity" on FTX is different than CFDs?
Maybe I am missing something but if the value prop is centralised and you cannot use the token in DeFi platform, then it is really just like CFDs.
Would love to understand
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You can redeem the tokens for the underlying equities with CM-Equity
Thank you for answering and sorry I am a muppet but I don't understand the value proposition of redeeming the token.
What do you do with it?
Most investors will likely be short term traders, why would they want to redeem?
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