What is XStocks?
Now you can hold Apple, Microsoft or Tesla stock, trade it 24/7, and use it in DeFi platforms. XStocks, tokenized by Backed Finance, make this possible by tokenizing U.S. equities and ETFs, marrying traditional stock trading and crypto trading. The crypto stocks bridge traditional finance (TradFi) and decentralized finance (DeFi), offering global investors unparalleled convenience. With 24/7 markets, minimal fees, and DeFi integration, XStocks attract newcomers as well as veteran traders. So, what makes XStocks so special? How do they function? This article uncovers XStocks' mechanics, advantages, and prospects, answering why they are revolutionizing investing. Let us dive into this new crypto trading and stock trading hybrid to discover what differentiates XStocks.
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