杀破狼 WolfyXBT|Mar 05, 2026 04:05
Recently, the hype around AI has been heating up even more thanks to OpenClaw.
After Nvidia released its new earnings report, AI-related stocks in the U.S. market got another boost. For crypto folks who want to buy U.S. stocks on-chain in a compliant way, there are three main options: Ondo, Robinhood, and xStocks.
Today, I took a closer look at the xStocks project and just realized that @krakenfx has actually acquired @BackedFi, which is the issuer of xStocks. So, you can think of xStocks as a tokenized U.S. stock project backed by Kraken, a major exchange.
Currently, the tokenized U.S. stocks on Kraken and Bybit exchanges are all using xStocks' services. Besides exchanges, you can also find corresponding pools on Ethereum and Solana chains to buy tokenized U.S. stocks issued by xStocks.
The principle behind xStocks is to turn U.S. stocks and ETFs into transferable on-chain certificates. Each tokenized U.S. stock from xStocks is backed 1:1 by underlying assets, and both issuance and redemption follow compliant processes. Actions like dividends and stock splits are automatically adjusted on-chain through xStocks' multiplier, so there’s not much to worry about.
The official xStocks Chinese community @xStocksFi_zh held a Lantern Festival event yesterday. If you’ve got time, you can check it out and grab some perks. They’ve recently started focusing on the Chinese market, so there should be more activities targeting Chinese audiences in the future. Keep an eye out!
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