Key Takeaways:
Markets has officially listed $BABA, becoming the first and only venue to facilitate fully on-chain trading of Alibaba Group shares.
The tokenized asset offers 1:1 representation of the stock, enabling 24/7 trading without TradFi intermediaries or KYC.
The move positions Markets as a leader in Real World Assets (RWA), bringing traditional equity liquidity to the DeFi ecosystem.
Markets, a decentralized exchange (DEX) focused on bridging traditional finance with blockchain, has officially listed $BABA, a tokenized representation of Alibaba Group shares. This launch marks a significant milestone in the Real World Asset (RWA) sector, claiming the title of the first venue to offer fully on-chain trading for the Chinese tech giant without reliance on traditional financial middlemen.
Unlocking 24/7 Access to Chinese Tech
Unlike traditional stock exchanges that operate with strict opening hours and geographic restrictions, the $BABA listing on Markets operates 24/7. The tokenized asset is pegged 1:1 to the NYSE-listed Alibaba stock, backed by collateralized custody to ensure real-time price synchronization.
This integration allows DeFi traders to access Alibaba’s equity liquidity directly through their crypto wallets. By eliminating KYC requirements and intermediaries, Markets provides unique advantages over centralized competitors, including potential leverage options, perpetual futures, and the ability to use $BABA within liquidity pools or as collateral in lending protocols.
Markets has officially listed $BABA
Expanding the RWA Frontier
The listing sets a precedent for tokenized equities, moving the narrative from theoretical hype to tangible utility. While other platforms have experimented with tokenized stocks, Markets is aggressively positioning itself as the “onchain TradFi hub,” paving the way for potential future listings of giants like Apple, Tesla, and Nvidia.
For Alibaba, this integration opens a new channel for capital inflow from the decentralized finance sector, potentially boosting retail access for users previously barred by cross-border trading friction. The successful deployment of $BABA further validates the Markets ecosystem, which has already gained traction with tokenized commodities like gold and oil.
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