ARK Innovation ETF tokenized stock FTX (ARKK) Coin Complete Detailed Review ARK Innovation ETF tokenized stock FTX

What Is ARK Innovation ETF tokenized stock FTX (ARKK) ?

ARK Innovation ETF tokenized stock FTX (ARKK) Equities are stocks that trade on traditional regulated exchanges. FTX lists tokens on select equities. These spot tokens are backed by shares of stock custodied by CM-Equity. They can be redeemed with CM-Equity for the underlying shares if desired. CM-Equity is fully regulated in Germany, and is a licensed financial institution permitted to offer such products. All FTX users who trade tokenized stocks may also have to become customers of CM-Equity, and pass through CM-Equity’s KYC and compliance. Furthermore, all trading activity may be monitored for compliance by CM-Equity. CM-Equity custodies the equities at a third party brokerage firm. CM-Equity (not FTX Trading LTD) provides the brokerage services

ARK Innovation ETF tokenized stock FTX Point Table

Who Are The Founder Of ARK Innovation ETF tokenized stock FTX (ARKK) ?

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ARKK Price Live Data

The live ARK Innovation ETF tokenized stock FTX price today is $37.80 USD with a 24-hour trading volume of $608.01 USD. We update our ARKK to USD price in real-time. ARK Innovation ETF tokenized stock FTX is down 0.89% in the last 24 hours. The current CoinMarketCap ranking is #6111, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

What exactly is traded on FTX?

FTX itself lists tokens on the equities.  For instance, ftx.com/trade/TSLA/USD is a market to trade tokens on Tesla stock. These spot tokens are backed by shares of Tesla stock custodied by FTX Switzerland.  They can be redeemed with FTX Switzerland for the underlying shares if desired.  In the future, there may be other ways to withdraw the tokens from FTX.  If you are interested in getting set up to redeem the stocks, please email support.

Who can trade tokenized stocks on FTX?

In order to trade tokenized stocks on FTX, you must be at least KYC level 2. All FTX users who trade tokenized stocks must also pass through Canco GmbH’s (FTX Switzerland’s) KYC and compliance.  Once you are KYC 2, you can go to your settings page to submit your information to FTX Switzerland. You cannot trade tokenized stocks on FTX from any of the banned jurisdictions, including the United States.  Note that the set of allowed jurisdictions is subject to change.

How do you trade tokenized stocks on FTX?

Mechanically, you trade tokenized stocks the same way you trade other spot markets.  Fees, API calls, and GUI instructions are all the same. In order to register for tokenized stocks trading on FTX, go to https://ftx.com/tokenized-equities-kyc to submit your KYC information to and become a customer of Canco GmbH (FTX Switzerland). Following that, you may be asked to answer some information on your trading experience.

How do tokenized stocks interact with balances on FTX?

Tokenized stocks are spot tokens, like BTC/ETH/FTT/etc.  They can also be used as collateral for futures trading on FTX, with a collateral weight of 0.85 (total) and 0.80 (initial).

How Do futures on tokenized stocks work?

FTX also lists futures on tokenized stocks, including tokenized futures.

Tokenized stock futures will track FTX spot markets as their index.  They will work the same as futures on other FTX products, with the following conditions:

1) In the case of an ordinary dividend, the futures will not have any adjustments

2) In the case of many other corporate actions, including stock splits, significant spinoffs, etc., futures will adjust, either by changing denominators or by turning into a future on the whole basket in the case of spinoffs.

3) FTX reserves the final right to determination.

4) Futures expire to their index (generally the FTX spot markets) over the relevant TWAP period.

Trading futures on tokenized stocks on FTX requires the same KYC procedure as trading tokenized stocks themselves.

Faq Of ARKK