Bittrex Launches Stock Trading Platform with 24/7 Availability
Bittrex Global has launched its stock trading platform, allowing customers to buy shares using U.S. dollars, Tether stablecoin, and Bitcoin. This move follows in the footsteps of FTX, which also offers tokenized stocks.
The exchange's stock trading platforms will be available 24/7, unlike traditional stock exchanges that operate during set business hours. Fractional ownership is also possible, reducing barriers to entry for investors.
Tom Albright, CEO of Bittrex Global, believes blockchain technology can broaden access to financial services and allow people to build their private wealth more easily.
The platform currently offers a dozen tokenized stocks, including Tesla, Beyond Meat, Pfizer, BioNTech, Facebook, Netflix, and Amazon. An exchange-traded fund tracking the S&P 500 is also available.