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Step Finance Acquires Remora Markets to Offer Tokenized Stocks, Including Nvidia and Tesla, in RWA Sector on Solana

Dec 12, 2024, 02:02 PM

Step Finance has announced its acquisition of Remora Markets, marking a significant move into the real-world asset (RWA) sector. This acquisition will enable Step Finance to offer tokenized stocks and securities on the Solana blockchain. Users will gain access to traditional equities, including popular stocks like Nvidia and Tesla, allowing them to buy and sell whole or fractional shares on-chain. The platform aims to provide a compliant and accessible trading experience, with Remora Markets facilitating global access to these tokenized assets. This development is seen as a step forward in the integration of traditional finance with blockchain technology, enhancing the utility and value of digital assets.