Tokenized stocks are digital assets on a blockchain that track the value of real-world stocks, such as Apple or Tesla. Each token represents economic exposure to a traditional share and can often be traded 24/7 using crypto wallets and decentralized platforms. By bringing stocks on-chain, tokenization aims to make investing more accessible, faster, and compatible with the broader crypto ecosystem.

Disclaimer: The information provided in this article is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Always do your own research and consult with a qualified financial advisor before making any investment decisions. Cryptocurrency markets are highly volatile and carry significant risk.

Connecting Wallet to Raydium

First, head over to the Raydium Exchange then click ‘Connect Wallet’.

Select the ‘Enkrypt’ option.

On the Enkrypt pop up, select the account you want to connect with then click ‘Connect’.

Swapping to Tokenized Stocks

On Raydium’s swap form, click the ‘From’ token to open the token selection menu.

Select the token you want to swap from. We will leave it on the SOL token for this example.

Select the ‘To’ token dropdown to open the token selection menu.

Select the token you want to receive. We will choose the Tokenized AAPL stock (AAPLx).

Enter the amount you want to swap then click ‘Swap’.

On the Enkrypt pop up, confirm the transaction by clicking the ‘Send’ button.

At the bottom right you should see a pop up stating your swap was confirmed.

You should see your tokens in your Enkrypt wallet and you should be able to send your tokenized stock to any Solana wallet now!

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