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Poloniex Scheduled Strategy Tokenized Stock Trading for Nov. 10

MSTR was scheduled to open at 2 a.m. ET (07:00 UTC), one day after Poloniex announced its broader tokenized stock and ETF plan.

An unmarked steel oil barrel against a warm neutral backdrop / TokenPost.ai
An unmarked steel oil barrel against a warm neutral backdrop / TokenPost.ai

Poloniex scheduled a tokenized stock product tied to Strategy (MSTR) to begin trading at 2 a.m. ET (07:00 UTC) Nov. 10, adding a Strategy-linked product to its tokenized stock offering.

The scheduled start followed Poloniex’s Nov. 9 plan for tokenized U.S. stocks and exchange-traded funds. That plan included a three-month zero-maker-fee promotion and a separate volume-based rewards program. Traders meeting daily volume targets could receive 100% of the fees they paid back.

Tokenized stocks are blockchain-based tokens that represent assets traded in traditional markets. MSTR is the ticker associated with the Strategy product.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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