Injective, known for its blockchain speed in the financial world, is reportedly taking Nvidia stock to blockchain as the first iAsset to transform the financial world. With this groundbreaking move, Injective aims to usher in a new era of disruption in financial markets by seamlessly integrating into the decentralized ecosystem.
This move aims to provide users with 24/7 access to stocks with unmatched capital efficiency and programmability. Injective, a blockchain platform for decentralized finance, announced this development via its official account on the X social media platform.
The platform aims to further highlight its pioneering quality with the launch of $iNVDA, a tokenized version of Nvidia stock. Users can now use $iNVDA to participate in permissionless trading using on-chain liquidity. They can also enable programmable strategies in networks between decentralized finance (DeFi), lending, derivatives, and more.
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