Tokenized Stock Platform xStocks Reaches $5.82 Million in Trading Volume on Second Day, Over Four Times Growth from Launch Day

According to a report by Jinse Finance, Dune data shows that the stock tokenization platform xStocks, created by Backed, reached a trading volume of $5.82 million on its second day after launch, more than four times the $1.34 million recorded on the first day. In addition, the platform saw 5,641 daily active users (DAU) yesterday, with a total of 15,719 transactions completed. In terms of trading products, the S&P 500 index token led with a trading volume of $1.69 million, followed by Tesla and a certain exchange’s stock token.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Continuing Jobless Claims in the US Rise to 1.972 Million, Exceeding Expectations

Chainlink Achieves ISO 27001 and SOC2 Compliance Certification
Fed’s Bostic: Markets Will Provide Key Decision Clarity by Year-End
Trending news
MoreCrypto prices
More








