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Tokenized Stock Trading Comes to Sui for First Time with Allo Integration
Allo, a leading tokenized stock exchange platform, today announced its integration with Sui, the blockchain built for mass adoption. The integration will focus on enabling seamless, scalable, and user-friendly tokenized stock trading that leverages Sui’s object-centric architecture and Allo’s stock trading infrastructure.
Tokenized stocks stand to upend traditional equity trading, as they are faster, cheaper, and more efficient to trade onchain, and are available 24/7. As both institutional and retail interest in tokenized assets accelerates, integrating Allo with Sui’s high-performance blockchain aims to lower barriers for participants, streamline access to tokenized assets, and deliver faster settlement at reduced costs.
The integration will leverage Sui’s parallel execution and sub-second finality to drive Allo’s platform, while also ensuring security, transparency, and scalability. This positions Allo to serve as a gateway for users exploring tokenized stocks, crypto assets, and other on-chain financial assets.
“Tokenized stocks landing on Sui is a massive moment for the ecosystem as its utility continues to expand to new retail and institutional audiences,” said Christian Thompson, Managing Director at Sui Foundation. “I believe more and more assets will continue to move onchain, and Sui is rapidly becoming the home for them thanks to its industry-leading performance and unique technological advantages.”
Currently, Allo supports trading for more than 200+ tokenized assets, including top blue-chip stocks like Apple (aAAPL), Tesla (aTSLA), and Nvidia (aNVDA) within a completely decentralized framework, making stock trading completely transparent & borderless.
“Integrating our platform with Sui allows us to scale tokenized assets at mass,” said Kingsley Advani, Founder & CEO at Allo. “Our mission has always been to enable a borderless and efficient experience with tokenized assets, and Sui’s infrastructure makes this possible at a global scale.”
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