Kraken’s tokenized equities platform xStocks and Fundrise launch VCXx to provide tokenized onchain exposure to late-stage private tech companies.
Kraken’s xStocksandFundriseannouncedonMarch27,2026,thattheyaretokenizingthenewlylaunchedFundriseInnovationFund(NYSE:VCX)tocreateasingleonchainasset,VCXx,givingeligibleinvestorsglobalaccesstoaportfolioincludingSpaceX,OpenAI,AnthropicandDatabricks.ThetokenizationwilllistVCXxonthexStocksplatforminthecomingdaysandisissuedbyBackedAssets(JE)LimitedandofferedviaPaywardDigitalSolutionsLtd.
Themoveextendstokenizedequitiesbeyondpublicmarketsintoprivate-companyexposureandenablesVCXxtobeusedforonchainapplicationssuchascollateralization,lending,andautomatedstrategies;xStocksreportsover$25billionintransactionvolumeand100,000+uniqueholdersandsupports100+tokenizedstocksandETFs.VCXisnotavailableintheU.S.andgeorestrictionsapply;eligibilityandjurisdictionnotesfollowissuerdisclosuresandthexStocksriskdocumentation.
“WebuiltVCXtoactasabridgebetweenthepublicandprivatemarkets,”saidBenMiller,CEOofFundrise.ArjunSethi,Co‑CEOofPayward,saidtokenizationopensglobalaccesstoaportfoliowithprivateexposure.
🧭FAQs
• What is VCXx and where will it trade? VCXx is the tokenized VCX fund and will list on the xStocks platform.
• Who can access VCXx? VCXx is offered to eligible investors outside the United States under local jurisdiction rules.
• Which private companies are represented in the VCX portfolio? The fund includes exposure to firms such as SpaceX, OpenAI, Anthropic and Databricks.
• Where can investors find legal and risk documents for VCXx? Investors can review the Base Prospectus, Final Terms, and xStocks Risk Disclosure linked by the issuer and PDSL for jurisdictional details.