Swarm launches on-chain tradable stocks and bonds
Swarm, a regulated blockchain platform, has launched the world's first on-chain investment offering for Apple, Tesla, and two US Treasury Bond ETFs. The fully asset-backed tokens are available on the Polygon blockchain for both retail and institutional investors, with no minimum investment.
Swarm says this is the first service of its kind for investors looking to access real world assets using digital blockchain technology, while meeting full regulatory requirements.
Hedge funds and institutional investors can now access stable and secure global markets 24/7 through Swarm.
The token offering initially includes AAPL and TSLA stock, iShares US treasury bond 0-1 year ETF and iShares US treasury bond 1-3 year ETF. Swarm will add more stocks and real world assets in the future.
Swarm does not take custody of the asset-backed tokens. They can be added to liquidity pools to earn yield, or kept in investors' own Web3 wallets.