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. I took a closer look at the xStocks project today and just realized that @krakenfx has actually acquired @BackedFi, which is the issuer behind xStocks. So, you can think of xStocks as a tokenized U.S. stock project now 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 to buy the tokenized U.S. stocks issued by xStocks. The principle behind xStocks is to turn U.S. stocks and ETFs into transferable on-chain tokens. Each tokenized U.S. stock from xStocks is backed 1:1 by underlying assets, and both issuance and redemption follow compliant processes. For actions like dividends and stock splits, xStocks automatically adjusts through an on-chain multiplier, so there’s not much to worry about. The official xStocks Chinese community account @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 for Chinese users in the future. Stay tuned!