Cryptopedia - TSMC tokenized stock(xStock)
xStocks were developed to remove the borders, brokers, and limitations that have historically made investing complicated, costly, and inaccessible for millions. These tokenized stocks are backed 1:1 by their underlying assets, comply with EU regulations, and grant holders a legal claim to the stock’s value. They are designed for non-US users, can be composed with DeFi protocols like any other token, and provide straightforward access to 57 US Stocks and ETFs via leading centralized and decentralized exchanges.
