Cryptopedia - Oracle tokenized stock (xStock)
Oracle xStock (ORCLx) functions as a tracker certificate distributed via Solana SPL and ERC-20 tokens, mirroring the market value of Oracle Corporation. The asset aims to provide qualified crypto market participants with regulatory-compliant exposure to Oracle’s stock price while preserving the advantages of blockchain infrastructure.
Key Benefits Oracle Corporation is a major publicly-traded multinational firm based in Austin, Texas, specializing in enterprise applications and cloud infrastructure. The company is recognized for its Oracle Database software and has broadened its offerings to include cloud-based solutions such as ERP, CRM, and HCM applications.
