WhiteRock Announces the Launch of a Direct Tokenization Platform for Stock Exchange Listed Securities
London, United Kingdom, December 25th, 2024
WhiteRock, a premier on-chain brokerage for tokenized equities and bonds, has announced the launch of a direct tokenization platform for NYSE, Nasdaq, and LSE-listed securities. This will foster true financial freedom, enabling enthusiasts to seamlessly trade shares of companies, bonds, or properties anytime and anywhere. WhiteRock is breaking existing entry barriers, demystifying traditional investment processes, and bridging the gap between them and the dynamic crypto market.
WhiteRock aims to narrow the gap between traditional financial instruments like bonds and equities by onboarding them into the Ethereum blockchain, unlocking limitless possibilities. With tokenization unequivocally referred to as the “foundation of the next financial revolution” by Larry Fink (CEO of BlackRock), this on-chain brokerage is poised to be a leader of this emerging market, enabling the tokenization of valuable assets.
WhiteRock is eliminating industry sticking points by introducing a regulatory-compliant platform that enables convenient tokenization of all stock exchange-listed securities.
“500+ Stocks from NYSE, Nasdaq, and LSE-listed Securities are Tradable On-chain Via the WhiteRock Platform”
“… WhiteRock is building the first on-chain brokerage to align with this future,” says Maxime Pizzolitto (co-founder of WhiteRock) as he reaffirms the company’s commitment to simplifying the tokenization process and onboarding traditional institutions. 500+ stocks from NYSE, Nasdaq, and LSE-listed securities are tradable via the WhiteRock platform with a weekly trading volume of $100 million.
WhiteRock’s recently launched platform complies with existing regulatory frameworks, and according to the team, extends beyond bonds and stocks. WhiteRock will allow anyone anywhere to tokenize anything of palpable value based on the company’s fundamental mission; “If it has value, it can be tokenized.” Real estate, commodities, and intellectual property will be seamlessly tokenized on the platform. Subsequently, other real-world asset (RWA) protocols can access liquidity on this platform using their assets as collateral.
The tokenization process is convenient; traditional institutions hand over their assets to WhiteRock, the assets are tokenized on-chain creating a digital representation via blockchain technology, and then can be traded, lent, and used in several ways in the DeFi space.
The WhiteRock On-chain Brokerage
WhiteRock is committed to building a comprehensive ecosystem for all trading and tokenization needs, and in line with that, the team is working to integrate new products such as a USDX stablecoin that distributes potential profits back to users. This on-chain brokerage is built on the principles of trust, transparency, and security.
The WhiteRock team comprises experienced individuals working in some of the world’s biggest banks like Goldman Sachs, Emirates NBD, ING, etc. Armed with extensive knowledge of traditional financial systems and blockchain technology, they aim to rekindle users’ trust by delivering innovative, sustainable, and reliable solutions. WhiteRock has also partnered with reputable custodians like StoneX, BlackRock, First Citizens Bank, etc. These collaborations guarantee that users’ funds are safe.
WhiteRock’s adoption of blockchain also adds new layers of transparency, trust, and efficiency. Each transaction is processed on Ethereum and subsequently audited by OpenZeppelin—the world’s leading blockchain security application—ensuring a secure and sublime trading experience.
Project Roadmap
WhiteRock has a feasible roadmap spread across five phases with the first featuring an operational trading infrastructure with bonds and equities on-chain. The other phases will witness the launch of a lending platform, the USDX stablecoin with multiple use cases, a hyper-speed order book built-in on a compliant blockchain, and a universal tokenization platform, respectively.
About WhiteRock
WhiteRock is an on-chain brokerage for tokenized equities and bonds. It is committed to securing the future of finance by launching a platform where NYSE, Nasdaq, and LSE-listed securities can be tokenized seamlessly. By leveraging blockchain technology, it aims to promote immutability and introduce unprecedented levels of transparency, scalability, and efficiency.
Company Website: https://whiterock.fi
Social Contact
Telegram: https://t.me/WhiteRock_Fi
Reddit: https://www.reddit.com/r/WhiteRock_Fi/
GitHub: https://docs.whiterock.fi/
