A Tokenized certificate of deposit (CD) is a term or time deposit, a financial product commonly sold by community credit banks, community institutions, and community credit unions. Tokenized CDs differ from legacy finance savings accounts in that the Tokenized CD has a specific, fixed term (often one, three, or six months, or one to five years) and usually, a fixed interest rate. The Credit bank expects CD to be held until maturity, at which time they can be withdrawn and interest paid.
Before investing, consider the investment objectives, risks, charges, and expenses of the mutual fund, exchange-traded fund, 529 plan, Attainable Savings Plan, or an annuity and its investment options. Contact EtherTrade for a prospectus, offering circular, Fact Kit, disclosure document, or, if available, a summary prospectus containing this information. Read it carefully.
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