xStocks

xStocks are tokenized representations of publicly traded equities and ETFs, each backed 1:1 by the underlying asset held with a regulated custodian and issued through a bankruptcy-remote SPV. Issued natively on Solana (alongside Ethereum, Arbitrum, Mantle, TON, Ink, and other EVM chains), xStocks are permissionless, self-custodial, fractional, and DeFi-composable — usable as collateral in lending markets, in liquidity pools, and in structured products. They trade 24/7 on supported venues, with issuance and redemption running 24/5 on U.S. market hours. Corporate actions like dividends and stock splits are handled through an on-chain rebasing mechanism, and reserves are publicly verifiable via a DeFi portal and proof-of-reserves page. The xStocks Alliance coordinates exchanges, chains, and DeFi protocols around a common format for on-chain equities.