Meet Jungle, A Community Driven DeFi Protocol for 24/7 Stock Market Access

Jungle is a DeFi protocol that aims to eliminate barriers for people worldwide to access various stocks with 24/7 liquidity and instant settlement on-chain, by minting and burning tokenized stocks in ERC20 format with a 1:1 collateral. Alpaca, a modern crypto and stock investing platform, will support and contribute to the creation of Jungle, leveraging their experience in traditional stock markets and crypto business to deliver custody of stocks from different markets. The protocol's governance model is community-driven, where numerous members will participate, govern, and help build the protocol, shaping a new chapter for global financial systems aimed at providing permissionless tokens in ERC20 format, backed by a 1:1 collateral.

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