新闻

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.