Several popular tokenized stocks on Gate gStocks moved higher as U.S. tech shares advanced, according to a newsflash cited by ChainCatcher. Gate’s latest data showed Nvidia’s NVDAG/USDT up 3.49% over the past 24 hours to $221.42. SpaceX’s SPCXG/USDT gained 2.53% to $141.36, while Meta’s METAG/USDT rose 0.99% to $576.43. The report also said trading activity in the related instruments continued to pick up.
Gate said its gStocks product uses a 1:1 fully reserved native stock backing model, with each tokenized security matched by an equivalent amount of the underlying stock. The platform also supports 24/7 trading, unified account management, a minimum entry point of 1 USDT, and fractional share trading. Gate added that it plans to expand the range of stock and ETF underlyings available on gStocks as the tokenized securities ecosystem grows.
Several popular tokenized stocks on Gate gStocks rose in tandem with the move in U.S. tech shares, according to a ChainCatcher newsflash citing Gate data.
Gate’s latest figures showed Nvidia (NVDAG/USDT) up 3.49% over the past 24 hours to $221.42. SpaceX (SPCXG/USDT) gained 2.53% to $141.36, while Meta (METAG/USDT) added 0.99% to $576.43. Trading activity in the related instruments continued to increase, the report said.
Gate outlines how gStocks is structured
Gate said gStocks uses a 1:1 fully reserved native stock mechanism. Each tokenized security is backed by an equivalent amount of the underlying stock.
The platform also supports 24/7 trading, unified account management, a minimum investment threshold of 1 USDT, and fractional share trading. Gate said users can participate in global popular stock exposure with more flexibility and combine digital assets with traditional securities in one place.
As the tokenized securities ecosystem expands, Gate said gStocks will continue to add more stock and ETF underlyings to offer broader global asset allocation options.
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