XStocks tokenized stocks reach $173M market cap, up 187%

Summary

Tokenized stocks issued by xStocks on X Layer have reached a market capitalization of $172.8 million, representing an increase of 187.2% over the past month. The leading tokenized equity, MSTRx, accounts for $29.5 million, followed by CRCLx at $21.4 million and SPCXx at $11.1 million. These tokenized equities are designed as tracker certificates backed 1:1 by underlying shares held in regulated custody, and they were launched in mid-2026 as part of a partnership that facilitates zero-fee trading and self-custody via OKX Wallet.

Tokens

$MSTR$CRCL$SPCX

Analysis

CRCLx: CRCLx is an xStocks tokenized tracker certificate offering onchain exposure to Circle Internet Group stock. It is part of the platform's suite of assets available for trading on chains like X Layer and integrates with DeFi protocols. The news lists CRCLx as the second-highest market cap tokenized stock from xStocks on X Layer. MSTRx: MSTRx is an xStocks tokenized tracker certificate providing onchain economic exposure to MicroStrategy stock. It trades permissionlessly on supported chains including X Layer alongside other tokenized equities. The news identifies MSTRx as the leading asset by market cap among those issued by xStocks on X Layer. SPCXx: SPCXx is an xStocks tokenized tracker certificate delivering onchain exposure to SpaceX stock. It functions as a 1:1 backed asset within the xStocks ecosystem across multiple blockchains including X Layer. The news ranks SPCXx among the top three tokenized stocks by market cap issued by xStocks on X Layer. xStocks: xStocks is a platform issuing 1:1 backed tokenized representations of US equities and ETFs that trade 24/7 across multiple blockchains. It operates as a regulated framework affiliated with Payward and Backed Finance, partnering with venues like OKX and Kraken to expand access. The news focuses on its tokenized stocks listed on X Layer achieving substantial market cap growth. DeFi Utility: xStocks tokenized equities can be deployed as collateral or in liquidity pools across decentralized protocols. Chain Integration: xStocks tokenized assets launched on X Layer in mid-2026 through a partnership enabling zero-fee trading and self-custody via OKX Wallet. Tokenization Framework: xStocks issues tokenized equities as tracker certificates backed 1:1 by underlying shares held in regulated custody.

Categories

cryptorwadatshyperliquidon_chain_whale

Related sources

View Original Tweet