Stellar Invests in DeFi Stock Exchange DSTOQ

The Stellar Development Foundation has announced a $715,000 investment in DSTOQ, a Stellar-based FinTech project that allows users to invest in traditional stocks with fiat and cryptocurrency.

Stellar revealed the news on its official blog and in a video from CEO Denelle Dixon.

DSTOQ has been building on Stellar since 2018, but this news makes the relationship official.

“We’re glad that DSTOQ is now part of our ecosystem,” Dixon explains. “They actually were before, but now they formally [are part of the ecosystem] with respect to the enterprise fund.”

What Is DSTOQ?

DSTOQ offers users a wide range of assets for users to invest in.

Users of the platform can purchase stocks, bonds, indices, ETFs, commodities, and more. Blue chip stocks for high-profile companies such as Tesla and Amazon are also available. Read More...

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