AbbVie xStock
“Investing has long been accompanied by various barriers. Borders, brokers, restrictions. It is all complex, expensive, and out of reach for millions of people. xStocks was created to change that. xStocks are tokenized stocks. They are backed by underlying assets at a rate of 1：1 are supported, can be composable with decentralized finance protocols, and comply with EU regulatory requirements, are open to non-US users, and grant holders a legally enforceable claim to the value of the stock. xStocks give ordinary users easy access to 57US stocks and exchange-traded funds through top centralized and decentralized exchanges, and can be integrated with other decentralized finance protocols just like any other token.”
Overview
“Investing has long been accompanied by various barriers. Borders, brokers, restrictions. It is all complex, expensive, and out of reach for millions of people. xStocks was created to change that. xStocks are tokenized stocks. They are backed by underlying assets at a rate of 1：1 are supported, can be composable with decentralized finance protocols, and comply with EU regulatory requirements, are open to non-US users, and grant holders a legally enforceable claim to the value of the stock. xStocks give ordinary users easy access to 57US stocks and exchange-traded funds through top centralized and decentralized exchanges, and can be integrated with other decentralized finance protocols just like any other token.”
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