What does GRS mean in finance?

A global registered share (GRS), also known as a global share, represents a unique type of security that offers investors a distinct advantage. Originating from the United States, these shares are registered across multiple international markets, facilitating their accessibility and tradeability on a global scale.

The primary characteristic that sets GRS apart from traditional shares is their ability to be traded in various currencies. This feature eliminates the need for currency conversion, simplifying the trading process for international investors and enhancing liquidity.

Despite their unique attributes, GRS retain similarities to ordinary shares in terms of ownership rights and potential for capital appreciation. Holders of GRS enjoy the same voting rights and are entitled to dividends, just like shareholders of conventional stocks.

The global registration of these shares allows for seamless cross-border trading, as they can be bought and sold on stock exchanges worldwide. This feature not only increases the accessibility of GRS but also contributes to their price discovery process, reflecting the true market value across different regions.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the diverse needs of investors. Its platform supports spot trading, enabling users to buy and sell digital assets at current market prices.