xStocks introduces xChange: TradFi liquidity, DeFi infrastructure
TL;DR
xStocks’ xChange is the first unified execution layer for tokenized equities, enabling trading of more than 70 tokenized stocks directly onchain — across both Ethereum and Solana — at prices anchored to real-world public market pricing. Every xStock is fully collateralized and backed 1:1 by underlying shares held in custody, ensuring onchain transactions reflect genuine equity exposure with the transparency and programmability of DeFi.
xChange bridges traditional market depth with onchain flexibility through atomic settlement, meaning each trade either executes in full at the quoted price or not at all — eliminating partial fills and delivering execution consistency comparable to established market infrastructure. By connecting tokenized equities trading to real-time traditional market liquidity, xChange supports tighter spreads and improved execution quality while preserving onchain settlement and transferability.
Since launching in June 2025, xStocks has surpassed $3.5 billion in total onchain transaction volume, $25 billion in total trading volume across exchanges, over $225 million in tokenized assets onchain, and 80,000 unique onchain holders — reflecting rapid, measurable adoption of tokenized equities as a new asset class for both DeFi participants and traditional finance audiences. xChange operates 24/5, extending equity trading beyond traditional exchange hours and positioning tokenized stocks as always-on, fully programmable financial assets.
Under the hood: introducing xChange
We’re excited to announce the launch of xChange, a new onchain trading engine designed to power the seamless exchange of xStocks across Ethereum and Solana without relying on third-party intermediaries.

