The US Securities and Exchange Commission (SEC) could allow tokenized stocks to be traded on crypto exchanges.
While there’s still some time before this kicks, tokenized securities could bring traditional finance and blockchain technology ever closer.
As the lines between the two worlds blur, this could benefit certain crypto projects such as Snorter Token ($SNORT) and Best Wallet Token ($BEST). Considered the best crypto to buy these days, these projects make it even easier for anyone to get into crypto investing.
We’ll explain why that is after going over the SEC’s proposal for tokenized stock trading!
Tokenized Securities: The Way Forward or Just Hype?
The SEC is currently in its early stages of allowing people to trade tokenized securities on crypto exchanges.
Nova Wealth President Nate Geraci emphasized this on X when he said that the NYSE met with the SEC Crypto Task Force to discuss tokenized securities.
As their name suggests, tokenized securities are a digital securities on the blockchain. While they can make stock trading faster and cheaper and allow for 24/7 trading, some companies have cautioned against rushing on the hype train.
One of these is market-making firm Citadel Securities. Back in July, it advised the SEC to be careful about adopting these securities, as they could confuse investors and siphon liquidity away from equity markets.
Nevertheless, with the SEC potentially approving tokenized securities soon, TradFi could step into the future with blockchain at its side.
In fact, data from RWA.XYZ shows that tokenized stocks are gaining momentum, with a 99.65% growth in their total value in the last 30 days, and a 153.94% increase in their monthly transfer volume.
With the growing adoption of blockchain technology and cryptocurrency, the industry will need projects that further accelerate this adoption and bring innovation to the space.
Here best long term crypto investments that fall in that category.
1. Snorter Token ($SNORT) – Finding the Next Big Crypto Made Simple
With new coins popping up all the time, it can be difficult to find the winners before they explode. Right now, you need to jump between several platforms just to do your research, manage your portfolio, and buy assets.
You could do with an assistant that automates some of these processes, right?
Snorter Token ($SNORT) is about to simplify all of these with its Telegram-based crypto trading bot called Snorter Bot.
With it, you’ll be able to snipe, manage your wallet, and copy trades all from your mobile phone. It’ll also offer rugpull and honeypot detection that will keep your assets safe from hackers and scammers.
But that’s just the beginning. Holding $SNORT offers extra perks like low transaction fees, unlimited snipes, and the ability to vote on things like bot fees, features, and on-chain expansions.
Utility is an integral part of the project, and likely the reason why whales are rushing to buy into the presale ($107K purchase here).
To get your tokens, you can follow our guide on buying Snorter Token. Tokens are currently priced at $0.1065, but you need to act soon before the presale ends in 19 days.
You can also stake your tokens for 113% APY. But note that this can still change as more investors lock their tokens in the staking pool.
Get your Snorter Tokens here and get your trading edge now.
2. Best Wallet Token ($BEST) – Powering One of the Market’s Most Secure and User-Friendly Crypto Wallets
Best Wallet Token ($BEST) is your best entry to all the benefits that its crypto wallet (Best Wallet) offers. These include governance rights, discount on transaction fees, and early access to upcoming presales via its Token Launchpad.
More than just storing your digital assets, you’ll also be able to buy and trade crypto, manage your portfolio, and even stake tokens soon. Upcoming features include market analytics, NFTs, an crypto news feed, and even derivatives trading.
It’s also designed with everyday folks in mind. You can install the app on your iOS or Android device and easily navigate everything with its user-friendly interface.
As a non-custodial crypto wallet, you’ll have sole access to your private keys. This is important because these keys are used to sign your transactions and prove that you own your assets, so keeping them safe from prying eyes is a huge plus.
To invest in the project, join the Best Wallet Token presale for just $0.025725 apiece—a very affordable way to join what could be the greatest crypto wallet DeFi ecosystem in the world.
If you prefer to stake your tokens, you’ll get 82% p.a. staking rewards, which is compounded on top of price appreciation after the token launches on exchanges.
Join the Best Wallet Token presale before the next price increase.
3. Pudgy Pandas ($PANDA) – Save the World’s Pandas, One Token at a Time
While a lot of tokens are designed to be investments, Pudgy Pandas ($PANDA) uses blockchain technology for greater purposes.
The project is all about helping save the world’s cuddliest animals and freeing those that are caged in zoos worldwide.
When you join the Pudgy Pandas presale, you’ll help fund the team’s panda conservation foundation, which aims to provide long-term protection to the animals. Then there’s the panda birth initiative designed to promote the growth of the world’s panda population.
As some pandas are still caged in zoos, the project also wants to shut down these cages and rip out the bars. Greedy zoos and shady corporations have their day as Pudgy Pandas feature them in the Wall of Shame.
For more information, read the Pudgy Pandas whitepaper.
The token presale is a quick, 33-day event running from September 15 to October 18. There will be 11 price increase stages in all, which will bring up the $PANDA token’s price from $0.02100 to $0.06055.
With five stages over, time is running out. If you want to join this noble endeavor, go to the official Pudgy Pandas presale website and grab your tokens at its current price of $0.03937.
Whether you’re looking for the next big coin or a way to securely store your digital assets, Snorter Token ($SNORT) and Best Wallet Token ($BEST) are proving to be one of the best crypto to buy at the moment.
Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/best-crypto-to-buy-sec-tokenized-securities-plan
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