Amazon xStock
“Investing has long been accompanied by various barriers: borders, brokers, and all kinds of restrictions. The investment process is complex and costly, and inaccessible to millions of people. xStocks was created to change this. xStocks are tokenized stocks. They are backed by underlying assets at a 1:1 ratio, can be composable with decentralized finance protocols, comply with EU regulatory requirements, are open to non-US users, and grant holders a legal claim to the value of the stock. xStocks enable ordinary users to easily access 57US stocks and exchange-traded funds through leading centralized and decentralized exchanges, and can be integrated with other decentralized finance protocols like any other token.”
Overview
“Investing has long been accompanied by various barriers: borders, brokers, and all kinds of restrictions. The investment process is complex and costly, and inaccessible to millions of people. xStocks was created to change this. xStocks are tokenized stocks. They are backed by underlying assets at a 1:1 ratio, can be composable with decentralized finance protocols, comply with EU regulatory requirements, are open to non-US users, and grant holders a legal claim to the value of the stock. xStocks enable ordinary users to easily access 57US stocks and exchange-traded funds through leading centralized and decentralized exchanges, and can be integrated with other decentralized finance protocols like any other token.”
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Team
Team information has not been disclosed.
Funding history
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