The DeFi platform Swarm will launch tokenized stocks on the Plasma mainnet

ChainCatcher news, the decentralized finance (DeFi) platform Swarm announced that it will launch nine tokenized stocks, including Apple (AAPL), Microsoft (MSFT), and MicroStrategy (MSTR), when the Plasma mainnet goes live this Thursday.

These tokenized stocks will support trading with stablecoins, providing users with a 24/7 on-chain trading channel. According to Swarm's statement, these tokenized stocks are issued under the EU Prospectus Regulation, granting holders legal rights to the underlying securities.