xStocks were developed to remove traditional investing obstacles such as borders, brokers, and high costs that have historically excluded millions. These are tokenized stocks backed 1:1 by their underlying assets. They comply with EU regulations, grant a legal claim to the stock’s value, remain accessible to non-US users, and integrate seamlessly with DeFi protocols.

Through leading centralized and decentralized exchanges, xStocks provide regular users with straightforward access to 57 US Stocks and ETFs. Like other tokens, they can be combined with various DeFi applications. This specific asset is a wrapped xStock, which means it does not rebase, making it suitable for use within DeFi ecosystems.