The tokenized securities market INX platform has launched the Nvidia concept security token bNVDA, which has no formal association with Nvidia

ChainCatcher news, according to The Block, the tokenized securities market INX platform has launched a tokenized security bNVDA token, which is one-to-one backed by Nvidia stock, aimed at eligible non-U.S. users, but has no formal affiliation with the chip manufacturer Nvidia.

According to relevant information released by INX and the tokenized real-world asset issuer Backed, the bNVDA token can be traded outside of traditional stock market hours and allows users to fund their accounts and purchase tokenized securities using cryptocurrency.

INX CEO Shy Data stated, "This collaboration is another milestone in our journey to enable the trading of tokenized real-world assets. We are committed to enhancing the accessibility and efficiency of the tokenized asset market, ushering in a new era of global finance."