Tokenized stocks are digital assets that represent traditional securities, allowing fractional ownership, 24/7 market access, and greater liquidity. These assets are backed 1:1 with traditional stocks for economic benefits. Tokenized stocks are a tokenization of a digital total return swap contract, using the underlying asset of a traditional security. Bittrex Global lists tokens that represent derivative contracts, backed by shares of stock powered by DigitalAssets.AG. The Swiss-based firm facilitates the tokenization of traditional financial assets and brought stocks trading to a major crypto exchange in cooperation with German based CM-Equity AG. Redemption of tokenized stocks may be possible in the future.