Tesla Stock on a Blockchain allows investors to trade in USA stock market shares

[Harlot]

The U.S. Securities and Exchange Commission, which regulates trading of U.S. stocks, declined to comment.

I think this gives us a hint on where this idea might be headed. If the securities are tokenized for the purposes of being traded during the market closing I don't think that is the good idea as the SEC knows they won't have much control over the market. Their are a few occasions where the SEC or even the president closes the market to minimize the panic of sell offs when this systems comes live they won't have much control over it. Can't you see prices will vary from one exchange to another and this can cause a lot of new way to trade which can harm one of the exchanges.

[Ewinsane]

DX.exchange will be offering a lot more stocks than just tesla but it is really not like "buying stocks with crypto", it is definitely just helping dx.exchange getting their shares higher. This way you are paying them money to buy stocks and more people paying them would mean more stocks they buy and it has no limit, if people spend a trillion dollars on buying stocks with crypto than dx.exchange will be capable of buying a trillion dollars worth of stocks. It is really effortless and risk-less for them.

I would prefer buying stocks with crypto directly instead of helping them buy it for me and pay them. It makes no sense this way but it would be also incredibly difficult to buy stocks as anon without giving your info so the best potential we have right now is the nasdaq etf and people buying from there.

[shield132]

What's curious here, why do they make such steps? It's like killing yourself without any benefit (as you guys mentioned kamikaze, it can get damaged and also do some benefit for it but does the same thing happens here? I think no).
SEC will shut it down, there is no doubt in it but I believe they understand it too, so what's the point? Do they have serious back? Imagine others follow them and do stock exchange based on blockchain?