WhiteRock Finance has unveiled a direct tokenization platform enabling blockchain-based trading of securities listed on the NYSE, Nasdaq, and LSE. This innovation bridges traditional finance and decentralized finance (DeFi).
Currently, the platform supports over 500 stocks with a weekly trading volume exceeding $100 million. Transactions are secured on an immutable and transparent blockchain, eliminating hidden fees and third-party involvement.
Co-founder Maxime Pizzolitto highlighted that the platform uniquely identifies stocks and bonds on a unified ledger, with aspirations to establish the first on-chain brokerage aligned with evolving financial models.
The phased rollout begins with tokenized assets and the introduction of the $WHITE token and USDX stablecoin, enabling users to leverage their holdings in USD.
Future phases will include a lending platform for borrowing against tokenized assets and the expansion of USDX across DeFi ecosystems. Additionally, WhiteRock plans to develop WhiteX, a regulatory-compliant decentralized exchange, and a global platform for tokenizing diverse assets like intellectual property and real estate.