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

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

2025/07/02 05:02

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.
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