1 min read
Add as a preferred source on Google

xStocks’ On-Chain Assets Under Management Climb 19.1% to $1.03 Billion

The tracker certificates provide economic exposure to stocks and ETFs without shareholder voting rights. They are not marketed, offered or solicited to U.S. persons.

A blank securities certificate rests inside a clear custody sleeve / TokenPost.ai
A blank securities certificate rests inside a clear custody sleeve / TokenPost.ai

The on-chain value of assets managed through xStocks reached $1.03 billion after a 19.1% gain over 30 days. TokenPost has previously covered xStocks’ international availability.

Each token corresponds one-for-one to an underlying asset held in segregated custody. The certificates give holders financial exposure to stocks and exchange-traded funds but no shareholder voting rights. xStocks are not marketed, offered or solicited to U.S. persons.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…