According to PANews, global on-chain trading platform GemW has officially launched the xStocks zone, supporting on-chain trading of popular US equity tokens such as NVDAx and TSLAx. The initiative aims to create a direct link between on-chain and traditional financial assets, enabling 24/7 on-chain trading of US equities and offering a new tokenized investment experience. xStocks are tokenized representations of well-known US stocks, built on blockchains like Solana, and backed 1:1 by stocks or ETFs held by licensed custodians. The platform emphasizes that xStocks do not represent ownership of the underlying assets and cautions that tokenized assets carry high risks.
GemW Launches xStocks Zone for On-Chain Trading of Popular US Equities
PANewsShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.