Hassan Maishera
On Monday, the Injective team announced via X that it had launched the TradFi Stocks Index. This on-chain index tracks hundreds of the largest publicly traded equities via one integrated product for the first time in history.
Major companies in the TradFi index include Amazon $AMZN, Apple $APPL, Microsoft $MSFT, Goldman Sachs $GS, and hundreds more. Users can now access the equity markets via this index product 24/7, utilizing up to 25X leverage.
By enabling permissionless trading of traditional assets, Injective eliminates inefficiencies associated with legacy markets, providing lower fees, enhanced transparency, and seamless global access.
Unlike traditional stock markets with limited trading hours, the TradFi perpetual market on Helix will be available for trading 24 hours a day, seven days a week, 365 days a year.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $14.78, up 4% in the last 24 hours.
