Tokenised stocks will reshape investment in South Africa
Tokenised stocks launched globally in May this year and are now available to South Africans through Luno, starting with 60+ US stocks and ETFs on the investment platform. This gives both lay and professional investors instant access to some of the largest companies in the world, including Apple, Meta, Alphabet, Amazon, and Tesla.Before the internet, the only way to trade stocks was to place an order with your stockbroker, who gave instructions to traders on a physical trading floor, where deals were struck ...