According to Odaily, the tokenized securities market INX platform has launched a tokenized security, bNVDA, which is supported one-to-one by Nvidia stock. This offering is available to eligible non-US users, but it has no formal association with the chip manufacturer Nvidia.
As per the information released by INX and the issuer of tokenized real-world assets, Backed, the bNVDA token can be traded outside traditional stock market trading hours. It also allows users to fund their accounts and use cryptocurrency to purchase tokenized securities.
INX CEO Shy Data commented on the development, stating that this collaboration marks another milestone in their efforts to facilitate the trading of real-world asset tokens. He further emphasized their commitment to enhancing the accessibility and efficiency of the tokenized asset market, thereby pioneering a new era in global finance.