Georgia · TECL
If you live in Georgia and want exposure to Direxion Daily Technology Bull 3X Shares (TECL), you no longer need a US brokerage account. Through tokenized stocks on GM Markets, investors in Georgia can buy TECL backed 1:1 by real shares, funded with stablecoins, from just $1. As of the latest update, TECL trades around $177.93 (about GEL 467.88 at recent exchange rates). This guide covers how it works, what it costs, the risks to weigh, and what Georgia investors specifically should know.
About the fund
TECL is a leveraged exchange-traded fund managed by Direxion that seeks to deliver three times (3x) the daily return of a US technology index, primarily by using financial derivatives such as swaps. It is a fund rather than an operating company, and it resets its exposure each trading day.
The bull case
Investors who use TECL are typically seeking amplified short-term exposure to the technology sector, aiming to magnify single-day moves when the underlying index rises.
Key risks
TECL is a high-risk leveraged product designed for single-day exposure only; because its returns compound daily, its performance over periods longer than one day can diverge sharply from three times the index return, and it can produce large losses in volatile or declining markets.
For Georgia investors
Georgian investors seeking US stocks have typically used international brokerage accounts, navigating lari conversion, custody limits, and cross-border transfer paperwork. Tokenized US stocks simplify access with direct 1:1 exposure to the underlying share, self-custodied and accessible from roughly $1.
Compare your options
How tokenized assets compare with the traditional routes a non-US investor would otherwise use.
| Route to TECL | Minimum | You fund with | Who holds it | From Georgia |
|---|---|---|---|---|
| Tokenized on GM Markets | From $1 | Stablecoins (USDC) | Your own wallet | Open to Georgia |
| Local stockbroker | Often a whole share | GEL | Broker holds | Limited US coverage |
| International broker | Often hundreds of USD | GEL converted to USD | Broker holds | Varies, may gate residents |
| ADR or local listing | Whole-share price | GEL | Broker holds | Only some US stocks |
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with USDC
Add USDC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find TECL
Search for Direxion Daily Technology Bull 3X Shares (TECL) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your TECL token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to TECL.
Funding
FAQ
Nearby
See the full Direxion Daily Technology Bull 3X Shares guide or trending stocks in Georgia.
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
