After NFTs, fake Apple, Tesla, and Amazon stock are now the latest blockchain trend.

New crypto trend allows investors to trade fake Apple, Tesla, and Amazon stock called « synthetic shares ». Fake Apple, Tesla and Amazon crypto stocks makers claim that avoiding financial regulation is an advantage, not a problem. These synthetic stocks, which are the latest blockchain trend to become a financial asset, follow non-fungible tokens and cryptocurrencies. Although they may lack any tangible value, those who support synthetic stocks believe that the ability to avoid regulations in order to open up the stock market to more people is an advantage and not a problem. Bloomberg reports. Many investors dream of being able to trade shares of huge companies such as Amazon, Apple and Tesla around the clock. This is especially true for those who live in the US. Synthetix, Mirror and other Ethereum-compatible protocols are available for synthetic stock issuance. […]