Xstocks, a tokenized stock product owned by backed finance, launches at Ethereum with about 60 tokenized stocks, including Nvidia, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday.
Prior to its debut in Ethereum, Xstocks launched Solana, Bnb chain and Tron. Behind the platform is backed finance, a real-world asset (RWA) tokenization company that cooperates with crypto exchanges, including Kraken and Bybit, to host its product.
“The Ethereum is one of the most widely adopted networks of the wise contract – and the Xstocks have been built to meet users where they are,” a Cointelegraph Kraken Representative said.
Ethereum is headed to decentralized finances (DEFI) to all blockchains. This had A $ 90.8 billion total amount locked on Monday, 60% of the general TVL in all blockchains.
In June 2025, Gemini launched the tokenized stock trading at the Ethereum ecosystem, and ETORO is said to be Exploring the launch of tokenized stocks in Ethereum.
The tokenization of the real-world asset refers to the process of creating a digital representation of a traditional financial or physical property, such as a stock or commodity, in a blockchain. In some cases, the underlying possession may not be justified, such as real estate.
Related: Tokenized alternative funds jump 47% to $ 1.7B in 30 days
Stock Controversy has been reviewed tokenized
Advocates of tokenized stocks say the technology has been democratizing equal investments by eliminating unnecessary barriers and regulations.
However, Tokenized equities remain in a legal color -abo area. According to legal experts, tokenized stocks may not provide investors with the same legal protection as the stock itself. In addition, there is no direct claim to the company ownership or voting rights.
Stock Exchange and Global Regulators is pushing back against tokenization trend.
Despite the pressure, fintech and crypto firms continue to expand tokenized equity offerings. On June 30, Robinhood launched a blockchain to facilitate Tokenized stock trading in Europe.
According to the analytics platform RWA.xyz, the tokenized stock market capitalization standing to $ 342 million in this writing, representing just 1.2% of the general $ 27.9 billion tokenized RWA market cap.
Magazine: Are Robinhood’s tokenized stocks really happening in the world? Advantages and weaknesses
