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Trade Pfizer Vaccine Stocks and Bitcoin on Bittrex

Dec. 7, 2020

Crypto exchange Bittrex Global will allow users to trade tokenized stocks alongside cryptocurrency markets.

Trade Vaccine Stocks and Bitcoin on Bittrex

Shutterstock cover by Seda Servet

Bittrex Global announced today that users can now trade tokenized versions of Tesla, Amazon, and other traditional stocks.

Trade Vaccine Stocks on Bittrex

Tokenized stocks are collateralized 1:1 to traditional stocks, mirror the underlying stocks’ market performance, and even entitles users to dividends.

Bittrex Global has listed the following tokenized stocks:

Amazon (AMZN), Tesla (TSLA), Apple (AAPL), Netflix (NFLX), Pfizer (PFE), Google (GOOGL), Beyond Meat (BYND), Alibaba (BABA), Facebook (FB), BioNTech (BNTX), and Bilibili (BILI).

Traders in the U.S. are prohibited from trading these assets.

Bittrex Global has partnered with CM-Equity to enable this service, a financial company licensed to offer tokenized stocks.

Earlier in October, leading crypto exchange FTX also tied up with CM-Equity to launch a similar offering.

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