xStocks were developed to remove traditional investing obstacles such as borders, brokers, and high costs that have historically excluded millions. These tokenized stocks are backed 1:1 by their underlying assets, comply with EU regulations, grant a legal claim to the stock’s value, and are available to non-US users. They integrate seamlessly with DeFi protocols and are accessible via major centralized and decentralized exchanges, offering exposure to 57 US Stocks and ETFs. This specific asset is a wrapped xStock, which means it does not rebase, making it suitable for use in DeFi applications.