GameStop tokenized stock FTXGME
$23.3
Market/Exchange
GME Price Prediction and Price Movement
GME is up 4.85 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of GME can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, GME has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on GME's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
GameStop tokenized stock FTX Price Chart
About GameStop tokenized stock FTX
What are tokenized stocks?
Equities are stocks that trade on traditional regulated exchanges. FTX lists tokens on select equities. These spot tokens are backed by shares of stock custodied by CM-Equity. They can be redeemed with CM-Equity for the underlying shares if desired.
CM-Equity is fully regulated in Germany, and is a licensed financial institution permitted to offer such products. All FTX users who trade tokenized stocks may also have to become customers of CM-Equity, and pass through CM-Equity's KYC and compliance. Furthermore, all trading activity may be monitored for compliance by CM-Equity. CM-Equity custodies the equities at a third party brokerage firm. CM-Equity (not FTX Trading LTD) provides the brokerage services.