NFT project Coattail Brokers gives each collectible its own onchain wallet to accumulate tokenized stocks mirroring disclosed US Congress trades.

Each Coattail Brokers NFT is paired with its own onchain wallet that accumulates tokenized stocks tracking disclosed US Congress trades. When Congress discloses purchases like NVIDIA, Microsoft or Apple, protocol fees are used to buy the corresponding tokenized equities, which flow into the Brokers' wallets, making the NFT itself the holder rather than just the owned object. The article notes disclosures can lag trades by weeks, so Brokers follow only what has been disclosed, not predictions. The author describes a fee-recycling economy dependent on actual trading activity, and acknowledges trust assumptions in translating offchain disclosures onchain, which the project says should be exposed rather than hidden.

✨ AI summary of the linked source — not editorial content.

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• NFT
• Wallet
• Onchain
• Congress