HabitTrade releases the open-source Stove Protocol, establishing a compliant on-chain channel for real US stock assets

HabitTrade today announced the launch of the open-source Stove Protocol. This protocol provides a 1:1 on-chain mapping infrastructure for real, regulated U.S. stock assets through an open, standardized, and zero-protocol-fee design, thereby offering developers and platforms compliant, transparent, and low-threshold stock on-chain capabilities.

HabitTrade stated that in the context of the accelerated development of asset on-chain and U.S. stock tokenization, the initiation of the Stove Protocol aims to unite various industry parties to co-build an open and reusable stock on-chain infrastructure, promoting the bidirectional integration of on-chain and traditional capital markets.