The on-chain trading platform MyStonks has launched the US stock token market, with the first batch of 50 million USD in US stock assets being custodied by Fidelity.

Techub News reports that the on-chain trading platform MyStonks.org has completed its platform upgrade and officially launched a 100% custodial supported on-chain U.S. stock token market. Crypto Assets users can purchase U.S. stocks through MyStonks, with global asset management giant Fidelity providing custodial services for platform users, with initial custodial assets reaching 50 million USD. The first batch of custodial securities includes equivalent tokens for 95 U.S. stocks such as AAPL, AMZN, DIS, GOOGL, META, MSFT, NFLX, NVDA, as well as 5 cryptocurrencies and stock ETFs listed in the U.S. MyStonks.org is a decentralized crypto asset trading platform created based on the Stonks community CTO (Community Take Over), providing users with 100% custodial support for U.S. stock assets, and 1:1 on-chain RWA issuance and trading.