Injective Introduces On-Chain Trading for Robinhood (HOOD)
Injective has launched its latest iAsset, allowing trading of Robinhood (HOOD) stock directly on the blockchain. This enables 24/7 trading access and enhanced liquidity through its decentralized finance ecosystem.
Governance Proposal for McDonald’s Perpetual Contracts
Injective’s governance proposal aims to integrate McDonald’s perpetual contracts into its dApps, bridging traditional finance and blockchain markets.
On-Chain Robinhood Stocks
Now, HOOD can be traded anytime with unparalleled liquidity on the Helix platform. This development removes the limitations of traditional exchanges and creates additional opportunities for traders and investors.
Injective previously introduced Nvidia stock as the first iAsset, providing access to trading round-the-clock with greater capital efficiency.
Expanding Access to McDonald’s
The governance proposal for McDonald’s stock, if approved, will allow investors to trade without involving brokers or traditional financial institutions, enhancing access to decentralized finance.
Institutional Access Through On-Chain Funds
Injective has partnered with Laser Digital and Nomura to offer a blockchain-based institutional fund platform, increasing the reach of blockchain in traditional banking and showcasing the real value of digital assets.
Future Plans: S&P 500 on the Blockchain
Injective aims to bring the S&P 500 index on-chain for perpetual trading, connecting decentralized markets with traditional finance. This could create unprecedented access to global stock markets.
Amid these advancements, the native token INJ was trading around $10.12, up 4.96% in the last 24 hours.
Comments (0)