Wu Blockchain (@WuBlockchain): xStocks: Unlocking Global Equity Access through Tokenization
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xStocks: Unlocking Global Equity Access through Tokenization While Kraken was the first centralized exchange to launch xStocks, any other centralized exchange or DEX can directly approach Backed to establish their own agreements and issue tokens. xStocks token is fully backed 1-to-1 by the underlying equity, it guarantees full collateralization for every token issued. One of the key differences is that xStocks are permissionless, while Robinhood’s product is permissioned. Read more: https://t.co/gNp3NSelyT