Last Updated on 30.03.2026 by Administrator
The trading of tokenized stocks, known as xStocks, is gaining traction among investors. With many looking to understand how to buy xStocks, whether with cryptocurrency or a bank card, it’s essential to get familiar with the process. This guide will cover what xStocks are, the platforms for buying and storing them, the specific stocks available, and how their reliability stacks up against traditional stocks and securities offered by brokers in the stock market.What are xStocks or Tokenized Stocks?
xStocks are innovative tokenized representations of actual company stocks and ETFs, created using the Solana blockchain (under the SPL token standard). These stocks are issued by Backed Assets (JE) Limited, a private limited liability company based in Jersey, USA, and are owned by Backed Finance. This approach combines traditional investment opportunities with modern blockchain technology, offering a unique asset class for investors.
Tokenized stocks represent a modern financial innovation, where each token is directly backed by tangible assets such as stocks and securities in a 1:1 ratio. By operating on the blockchain, these on-chain stocks enhance transparency and accessibility in trading, making it easier for investors to engage with the market.
The key benefits of trading xStocks are quite compelling. Firstly, each xStock is directly tied to a real stock in a one-to-one ratio, which provides a direct connection to traditional equity markets. This ensures that investors can feel secure in the value of their holdings. Secondly, all tokenized stocks are stored on the blockchain, allowing for easy verification. Lastly, xStocks offers the convenience of 24/7 trading. This uninterrupted access enables investors to buy and sell according to their own schedules, catering to a global market and fostering a more dynamic trading environment. Together, these benefits make xStocks an appealing option for investors looking to engage in modern trading.
What stocks and ETFs are available as xStocks?
Full list of Tokenized Stocks and exchange-traded funds (ETFs) available as xStocks:
- ABTx (Abbott xStock).
- ABBVx (AbbVie xStock).
- ACNx (Accenture xStock).
- GOOGLx (Alphabet xStock).
- AMZNx (Amazon xStock).
- AMBRx (Amber xStock).
- AAPLx (Apple xStock).
- APPx (AppLovin xStock).
- AZNx (AstraZeneca xStock).
- BACx (Bank of America xStock).
- Bx (Berkshire Hathaway xStock).
- AVGOx (Broadcom xStock).
- CVXx (Chevron xStock).
- CRCLx (Circle xStock).
- CSCOx (Cisco xStock).
- KOx (Coca-Cola xStock).
- COINx (Coinbase xStock).
- CMCSAx (Comcast xStock).
- CRWDx (CrowdStrike xStock).
- DHRx (Danaher xStock).
- DFDVx (DFDV xStock).
- LLYx (Eli Lilly xStock).
- XOMx (Exxon Mobil xStock).
- GMEx (Gamestop xStock).
- GLDx (Gold xStock).
- GSx (Goldman Sachs xStock).
- HDx (Home Depot xStock).
- HONx (Honeywell xStock).
- INTCx (Intel xStock).
- IBMx (International Business Machines xStock).
- JNJx (Johnson & Johnson xStock).
- JPMx (JPMorgan Chase xStock).
- LINx (Linde xStock).
- MRVLx (Marvell xStock).
- Max (Mastercard xStock).
- MCDx (McDonald’s xStock).
- MDTx (Medtronic xStock).
- MRKx (Merck xStock).
- METAx (Meta xStock).
- MSFTx (Microsoft xStock).
- MSTRx (MicroStrategy xStock).
- QQQx (Nasdaq xStock).
- NFLXx (Netflix xStock).
- NVOx (Novo Nordisk xStock).
- NVDAx (NVIDIA xStock).
- ORCLx (Oracle xStock).
- PLTRx (Palantir xStock).
- PEPx (PepsiCo xStock).
- PFEx (Pfizer xStock).
- PMx (Philip Morris xStock).
- PGx (Procter & Gamble xStock).
- HOODx (Robinhood xStock).
- CRMx (Salesforce xStock).
- SPYx (SP500 xStock).
- TSLAx (Tesla xStock).
- TMOx (Thermo Fisher xStock).
- TQQQx (TQQQ xStock).
- UNHx (UnitedHealth xStock).
- VTIx (Vanguard xStock).
- Vx (Visa xStock).
- WMTx (Walmart xStock).
As demand for specific assets grows among investors and traders, xStocks will undoubtedly improve its offerings by expanding the list of stocks and indices available.
Where to Buy Tokenized Stocks xStocks
You can buy tokenized xStocks shares on the following cryptocurrency exchanges:
Centralized Exchanges (CEXs):
- Bybit (official website https://www.bybit.com). The Bybit exchange has a special section for trading stock, Bybit TradFi.
- MEXC (exchange website https://www.mexc.com).
- Gate (official website https://www.gate.io). Spot and futures trading of xStocks shares is available.
- Kraken (official website https://www.kraken.com).
Decentralized exchanges (DEXs):
- Kamino Finance (official website kamino.finance).
- Raydium (official website https://raydium.io).
- Jupiter (official website https://jup.ag).
For beginners and inexperienced users of cryptocurrency, using centralized exchanges for trading shares (xStocks) is a safer and easier option.
You may also like: How to Open a Binance Futures Testnet Account.
Where to store tokenized xStocks?
Purchased xStocks can be stored on the exchange where the purchase was made, or withdrawn to your crypto wallet (from the list that support xStocks):
- Phantom Wallet.
- OKX Wallet.
- Solflare Wallet.
- Jupiter Mobile Wallet.
Storing tokenized shares in a crypto wallet is advantageous for long-term investors, as it guarantees that only you have access to your shares. This security aspect allows for greater control over your investments, reducing the risk of unauthorized access or external interference.
How do you receive dividends from xStocks?
All dividends received on xStocks shares are automatically reinvested into the same stock token, increasing your asset balance for these shares.
For example, if you purchase 1,000 tokenized Google shares (GOOGLx) at $200, and receive dividends totaling $200, your asset balance will automatically increase by 1 share. As a result, you will own a total of 1,001 tokenized Google shares.
Pros and Cons of xStocks
Pros
- xStocks offers an innovative alternative to traditional stocks, making investing more accessible to a wider audience.
- With the ability to buy and sell xStocks 24/7, investors have greater flexibility in managing their portfolios.
- The minimum trade amount is just $1, which is particularly advantageous when dealing with stocks that have high market values.
- You can trade tokenized xStocks shares with crypto and stablecoins.
- xStocks can be used in the DeFi market.
- Investors can securely store their purchased stocks in a crypto wallet, which provides independence from exchanges, trading platforms, and brokers, ensuring greater control and access for users.
Cons
- There is still low liquidity for some stocks on the exchanges.
FAQ
- Can I receive dividends on xStocks? Yes, you will automatically receive dividends on the xStocks shares that you purchased. The dividend amount is reinvested into the same stock, which increases the number of shares on your balance sheet for which the dividend payment was made.
- Can I trade xStocks shares 24/7? Yes, tokenized xStocks shares can be traded 24/7, unlike traditional company shares, which are typically traded through brokers and exchanges during specific market hours.
- What is the minimum purchase and sale amount for xStocks? You can trade xStocks for 1 USD on cryptocurrency exchanges.
Conclusion
The launch of tokenized stocks xStocks represents a significant milestone in the development of the cryptocurrency market and its integration with tangible assets. Now, almost everyone can easily buy or sell company shares for cryptocurrency without restrictions and start earning on the “traditional” stock and securities markets.
Leave your questions, opinions, and reviews about tokenized shares xStocks (xStokes, xStokes) in the comments under this review.