Robinhood (NASDAQ: HOOD) launched tokenized stock trades in over 120 countries this year, but that new feature hasn't been approved in the U.S. yet. Let's see what tokenized stocks are -- and why some big companies in the U.S. are opposed to the tokenization of their shares. Tokenized stocks are tokens on a blockchain that represent ownership of a conventional stock. These tokens can be traded 24/7 without going through traditional brokerages and can easily cross international borders. Image source: Getty Images.
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