Tokenized xStocks on X Layer reach $173M market cap
- —xStocks market cap on X Layer is $172.8 million, up 187.2% in a month
- —More than 900 tokenized US stocks and ETFs are available on the platform
- —The largest position is MSTRx with a market cap of about $28.6 million
- —Portfolio: 88% stocks, 12% ETFs, with a per-asset limit of about 9%
Why it matters: The growth shows demand for round-the-clock on-chain trading of US stocks, intensifying competition for tokenizing traditional assets.
Source: Crypto Briefing