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1) What would it take to actually, really, legitimately, get stocks in DeFi? In a way that was regulatorily approved, fully backed, free floating, fast, cheap, and integrated into the crypto ecosystem? We've seen a bunch of approaches, but there's lots to iron out. A thread:

718

SBF

@SBF_FTX

cointelegraph.com

Swiss-based Digital Assets AG launches tokenized stock offerings on Solana

FTX founder and CEO Sam Bankman-Fried said DAAG's infrastructure will help to create a new standard for the tokenized stock industry.

1:59 PM · Jun 24, 2021Twitter Web App

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Will Serum will be used as well?

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So no more CM-Equity? Btw, is there any information how the tokenization is done in practise? Would be super interesting read 🤓

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How does creation/redemption work in a permissionless setting? If it's not possible, how do you minimize tracking error when these are trading on-chain?

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So, what happens if someone sends tokenized stocks to a non-KYC address or smart contract? Or is that ok just like with USDT or USDC?

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INX.co are a security platform launching soon, and each person gets a whitelisted address. Due to their smart contract design, tokens can only be sent to whitelisted addresses. And if somehow you lose tokens, inx can reclaim them FTX probs do something similar