NASDEX is a decentralized exchange that will allow for the trading of Asian stocks on-chain, making it easier for users to manage all their positions across a single platform. The exchange will tokenize stocks using collateralized debt positions and employ DeFi mechanics to create additional yield-enhancing opportunities. The NSDX token will serve as a means for users to share in the profit of the exchange and serve as collateral for the minting of tokenized stocks. NASDEX is unique in that it targets a market of several hundred million people in countries with unstable currencies and strict capital controls and will offer equity owners a better platform for tokenized equity investing. The founders are Josh Du, an institutional portfolio manager, and Belinda, a crypto PR and marketing guru.
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