PowerTrade Launches 24/7 Options Trading on Tokenized Stocks

PowerTrade, a leading altcoin options exchange, and its decentralized counterpart PowerDEX, have announced the upcoming launch of the world’s first options trading on tokenized stocks, known as xStocks. This groundbreaking offering will debut with options on TSLAx and HOODx, which are tokenized representations of Tesla, Inc. and Robinhood Markets, Inc., respectively. The launch is scheduled for next week, marking a significant milestone in the fusion of traditional stock and crypto markets.

By introducing options on xStocks, PowerTrade is enabling traders to hedge, speculate, and generate income on tokenized stocks in a manner similar to crypto options or traditional stock options. All xStocks option contracts will trade 24/7 alongside their underlying token markets, with settlements in USD Coin (USDC). Clients can trade seamlessly using USDC, BTC, ETH, and other supported crypto assets as margin collateral. This innovation allows for continuous market access, a feature that is particularly appealing to institutional investors who require the ability to manage their portfolios around the clock.

Mario Gomez Lozada, Founder & CEO of PowerTrade, highlighted the significance of this launch, stating, “This is a watershed moment for both the crypto and traditional trading communities. We’re not just tokenizing stocks – we’re introducing an entirely new market for tokenized stock derivatives that operates beyond the limits of Wall Street’s hours. By offering options on xStocks across our CEX and DEX, we’re empowering traders to access and hedge U.S. tokenized stock exposure 24/7, from anywhere in the world. It’s a game-changer that demonstrates how DeFi and CeFi can together disrupt the status quo in finance.”

Key innovations and benefits of this launch include permissionless DEX access, allowing users to connect any of 400+ wallets and trade without KYC or brokers while retaining full custody. The unified liquidity feature ensures that the same xStocks options liquidity powers both PowerTrade (CEX) and PowerDEX (DEX), providing seamless access to xStocks and crypto options for both institutional and retail users. Additionally, the round-the-clock markets enabled by tokenization allow traders to open, adjust, or close positions at any time. The integrated portfolio margin feature automatically nets exposures across crypto and xStocks positions for optimized collateral efficiency.

This launch builds on PowerTrade’s track record of innovation, including expanding PowerDEX onto Solana for 80+ altcoin markets and introducing ultra-short “Degen” options with expiries as low as 10 minutes. With xStocks options, PowerTrade is uniting the best of TradFi and DeFi in one comprehensive derivatives suite, preparing the market for the next generation of digital finance. PowerTrade is the premier crypto-options venue, offering the deepest altcoin coverage, tightest spreads, and most flexible expiries in the market. With 100,000+ contracts across 80 altcoin option markets and seamless CEX/DEX access, PowerTrade empowers traders and institutions to express views and profit from volatility across the entire crypto ecosystem.

PowerDEX, PowerTrade’s decentralized trading platform, provides non-custodial access to altcoin options. Available on Solana, Ethereum, and Base, PowerDEX gives users full control over assets with deep liquidity, privacy, and zero KYC. Traders can connect with over 400 wallets to access the deepest liquidity and product offering for crypto and xStocks options. This initiative underscores the evolving landscape of financial derivatives in the crypto space, where traditional financial markets are often constrained by operating hours. The 24/7 nature of crypto markets eliminates this constraint, allowing for continuous trading and settlement. This feature is particularly appealing to institutional investors who require the ability to manage their portfolios around the clock.

The introduction of options on xStocks also highlights the increasing integration of blockchain technology with traditional financial instruments. Tokenized stock derivatives offer the benefits of blockchain, such as transparency, security, and efficiency, while providing the familiar structure of options contracts. This hybrid approach is likely to attract both crypto-native investors and those from traditional finance who are looking to diversify their portfolios. The move by PowerTrade and PowerDEX to offer 24/7 tokenized stock derivatives is a testament to the innovation and adaptability of the crypto industry. As more financial instruments are tokenized and integrated into blockchain platforms, the potential for new investment opportunities and market efficiencies grows. This development is expected to drive further adoption of crypto derivatives, as investors seek to capitalize on the unique advantages offered by these new financial products.