Gate gStocks Tokens Rise, With SOXSG Gaining 2.28% in 24 Hours

Three Gate gStocks tied to stocks and an exchange-traded fund rose over 24 hours, led by SOXSG’s 2.28% gain in a Monday morning market snapshot.

At 7:25 a.m. ET Monday (11:25 UTC), SOXSG, a token tied to Direxion’s three-times short semiconductor ETF, climbed 2.28% to $53.03. ABBVG advanced 1.78% to $286.25, while SKHYNIXG rose 1.77% to $974.87. Each change covers a 24-hour period ending at the time of the snapshot.

Gate gStocks pairs each tokenized security with an equivalent number of native shares as backing. The platform supports 24/7 trading and fractional-share trading, with investments starting at 1 USDT.

Gate plans to expand the range of stocks and ETFs available through gStocks.