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Tesla stock on a blockchain offers hint of where crypto's headed


LONDON (Bloomberg): A digital exchange opening next week will enable investors to trade in companies including Apple Inc, Facebook Inc and Tesla Inc outside of the US even when the stock markets are closed.

DX.Exchange, which has offices in Estonia and Israel, will offer digital tokens based on share of 10 Nasdaq-listed companies with plans to expand to the New York Stock Exchange as well as in Tokyo and Hong Kong. Each digital security is backed by one regular share and holders will be entitled to the same cash dividends, even though the companies themselves aren’t involved.

Cryptocurrency

   

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