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Markets
Tokenization
A stock or fund share represented as a crypto name so it can print when the cash tape is closed.
On this desk
Tokenized US names, when listed, sit next to cash stocks. Same account. Different hours. Legal rights in the wrapper depend on the issuer, not on our website copy.
The first deposit
The refund rule applies to the money you put in, not to the wrapper. Tokenized names can still lose value.