Trading Volume & Market Activity - Total trading volume of xStocks tokens on CEX and DEX has surpassed $2 billion [1] - On-chain DEX volume exceeds $100 million [1] - Most trading activity is concentrated on Gate, Bitmart, and Bybit [1] Token Holder & AUM - xStocks boasts over 25,000 holders [1] - TSLAx is the first token to exceed 10,000 holders [1] - Current AUM (Assets Under Management) of xStocks tokens is approximately $43.3 million [1]

Backed xStocks Explained: On-Chain Experiments and Breakthrough Paths in Tokenized EquitiesxStocks tokens are essentially structured as debt instruments (corporate debt) that track the underlying assets, rather than equity tokens. Since issuing debt to track underlying assets does not require custodial licensing, the issuer of Backed’s products is an SPV, which itself does not possess distribution qualifications. Read more: https://t.co/GbiErW484v ...