Jupiter Lists ‘DRAM’ Memory ETF With Samsung, SK Hynix, Micron
Summary
- Solana-based decentralized exchange Jupiter said it will support trading in the memory-focused exchange-traded fund memory ETF 'DRAM'.
- The ETF is reported to include Samsung Electronics, SK Hynix, Micron and SanDisk.
- As crypto exchanges expand into traditional finance (TradFi) products, cumulative trading volume in tokenized stocks on BNB Chain has surpassed $5 billion.
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Jupiter, a Solana-based decentralized exchange, is adding trading for an exchange-traded fund focused on memory chipmakers.
Jupiter announced on its official X account on June 26 that it will list the memory ETF, DRAM. The fund is reported to include Samsung Electronics, SK Hynix, Micron and SanDisk.
Crypto exchanges have recently been expanding beyond digital assets into traditional finance products such as stocks and ETFs. The shift comes as the crypto market remains in a downturn, while U.S. technology shares continue to rise on stronger semiconductor demand driven by artificial intelligence.
The market for such products is also growing. Cointelegraph reported that cumulative trading volume in tokenized stocks on BNB Chain had exceeded $5 billion as of June 26.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul