THE STONKS EXCHANGE ACQUIRES STOCKIFY

Summary from the TLDR Crypto newsletter

The Stonks Exchange acquired Stockify, combining Base's primary token launch venue ($STONKEX) with a protocol that auto-distributes tokenized equity dividends via a no-claim mechanism. Under $STFY's unchanged mechanics, a 3% ETH trading fee routes 90% of proceeds to purchase tokenized stocks sent to eligible wallets with no staking or claiming required. The deal adds $STONKEX to Stockify's dividend index at equal weight alongside NVIDIA, Meta, Apple, Alphabet, and SpaceX, giving STFY holders direct exposure to the combined entity's growth through existing payout infrastructure. Base now hosts 130+ tokenized stocks targeting 250 by month's end, and the merged team aims to supply liquidity and holder depth for newly listed assets as the chain accelerates its push to become the primary onchain equities venue.