Nvidia Stocks Now Available on Crypto Rails 24/7
Nvidia's stock is no longer limited to traditional markets. According to CoinMarketCap's Alice Liu, tokenized Nvidia products can provide investors with access to the chipmaker's shares around the clock.
Tokenized stocks are designed to track underlying assets, in this case, NVDA. The NVDAX token, for example, was roughly flat over the month covered by the interview, mirroring the performance of the underlying stock.
In contrast, AI tokens, such as TAO and Render, can have divergent returns from NVDA. Between September 10th and a few days before, TAO gained 24%, while Render fell 63% over the year.
Liu emphasizes that tokenized equities are gaining traction, with CoinMarketCap tracking 1,851 instruments worth approximately $2.3 billion in market capitalization and $2 billion in daily volume.