Bitrue introduces 7% yield on tokenized big tech stocks as investors look for earnings week gains

As Wall Street’s largest companies prepare to report quarterly earnings, crypto exchange Bitrue is offering investors a different reason to pay attention to their stocks, a fixed 7% annual yield that has nothing to do with corporate profits at all.

According to Bitrue, this makes it the first exchange to launch what it calls “AI Tokenized Stocks Earn,” a product that pays a flat 7% annualized return on tokenized shares of eight companies, including Apple, Tesla, Amazon, Microsoft, Alphabet, Meta and SpaceX.

The launch comes as Alphabet, Microsoft, Meta and Amazon prepare to report results between July 22 and July 30, a stretch of earnings that analysts have called a test of whether massive AI infrastructure spending is paying off. 

Nvidia, also included in Bitrue’s lineup, is not expected to report until late August, according to earnings trackers.

What is Bitrue actually offering?

The tokens, branded with an “ON” suffix such as AAPLON, NVDAON, SPCXON, GOOGLON, AMZNON, and TSLAON, among others, are designed to track the price of the underlying stock while paying a yield that dwarfs what the real companies pay shareholders.

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