ภาพรวม
Overview
SHIFT Stocks is introducing a new mechanism for the tokenization of securities, classified as Asset-Referenced Tokens (ARTs) under MiCAR, meaning the tokens are classified as cryptocurrencies and not securities under MiFID, this means no MiFID or equivalent financial license is required for listing or distributing the tokens as the Securities laws does not apply to the tokens. Fully backed by their respective stock, always redeemable, 24/7 permissionless tokens that any user can freely trade, lend, borrow, or use as collateral across top platforms and dApps.
This overview is imported from market-data provider metadata. Project claims should be checked against the linked documentation and on-chain evidence.
Identity
- Name: Direxion Daily TSLA Bear 1X ETF (SHIFT Series Token)
- Symbol: TSL1S
Names and ticker symbols are not unique. Match the network and contract address against the project's documentation and a block explorer before identifying a token.
Sources and further reading
A provider listing establishes how the asset is catalogued; it does not independently verify project claims or endorse the asset.