Based on HashNews, global blockchain trading platform GemW has officially launched the xStocks zone, allowing users to trade tokenized U.S. stocks such as NVDAx and TSLAx on-chain. This initiative bridges on-chain and traditional financial assets, enabling 24/7 U.S. stock token trading and offering an innovative tokenized investment experience. xStocks is a novel asset form that tokenizes well-known U.S. stocks, reflecting corresponding on-chain rights, but does not equate to holding the underlying stock assets. Built on public chains like Solana, xStocks are backed 1:1 by stocks or ETFs held by licensed institutions, ensuring price transparency and compliance.
GemW Launches xStocks Zone for Tokenized U.S. Stock Trading
HashNewsShare






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.