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On the DeFiChain dTokens List: Disney, MicroStrategy, Intel and iShares

Naris - Cryptocurrency Enthusiast

DeFiChain has released a list of its new dTokens.

MicroStrategy, Intel, Walt Disney and the iShares MSCI China ETF are among the companies mentioned.

Tesla, Apple, Alibaba, Nasdaq, and other dTokens were previously added to the platform.

After a Ticker Voting by the community, DeFiChain, the decentralised finance for Bitcoin, revealed that it has included dTokens, or decentralised assets. DeFiChain has currently added four dTokens: $dDIS (Walt Disney), $dMSTR (MicroStrategy), $dMCHI (iShares MSCI China ETF), and $dINTC (iShares MSCI China ETF) (Intel).

As a result, DeFiChain users will be able to mint and trade these four dTokens, which have received a lot of positive feedback from the community. Nintendo Co LTD, Mastercard, PayPal Holdings Inc, Uber Technologies Inc, and other tokens were also on the voting list. DeFiChain's Lead Engineer, Prasanna Loganathar, stated, "DeFiChain is constantly extending the dToken universe to give customers a genuine alternative to the conventional financial broker while delivering the freedom and benefits of decentralization."

The launch of new dTokens exemplifies the primary strategy of providing DeFi customers with price appreciation of traditional assets like as stocks, bonds, ETFs, commodities, and so on. Meanwhile, dTokens for Tesla, Apple, S&P 500, Alibaba, Nasdaq, GameStop, Microsoft, Amazon, Meta, Netflix, Nvidia, and many other companies and ETFs have been introduced to the DeFiChain platform.

DeFiChain will, in particular, look forward to decentralizing the listing of popular assets and offering new features in the future. As a completely decentralised blockchain with on-chain governance, it is well-known. Users that are interested in holding decentralised stock tokens on the DeFiChain network are not needed to complete the identity verification process.

The platform allows users to invest in dTokens or use them to mine liquidity on the DeFiChain DEX. Users can mint tokens by placing BTC, DFI, USDT, dUSD, or USDC in the DeFiCahin Vault as collateral.

However, minting is not the only way to obtain the tokens; users may also purchase them in fractional amounts and then use them for liquidity mining. All dTokens, in particular, are freely denumerable and may be transferred to other users anywhere in the globe without the involvement of middlemen.

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