xStocks Igniting the RWA Revolution? How Will This Impact Simpfor.fun
Monday's Market Ignited by xStocks and Robinhood
Monday's market enthusiasm was ignited by xStocks and Robinhood. Two major industry exchanges, Kraken and Bybit, announced their support for xStocks, allowing users to trade over 60 tokenized US stocks on-chain through crypto. Subsequently, Robinhood announced plans to build RWA infrastructure on Arbitrum, providing tokenized US stock assets for European users.
While the market celebrates, we had already predicted that on-chain RWA would become mainstream when we started building simpfor.fun. Solana will become the on-chain NASDAQ, and simpfor.fun will become the on-chain eToro. We remain the only product in the market that supports on-chain gold copy-trading and explicitly states future support for more on-chain RWA assets.
It's no surprise that Solana became the deployment chain for xStocks. This is determined by Solana's high performance, which can support rapid asset minting, transfers, and trading - crucial for RWA. This is the foundation and necessary condition for Solana to become the on-chain NASDAQ. Similarly, simpfor.fun is built on SOON's high-performance SVM chain, which is the foundation and necessary condition for simpfor.fun to become the on-chain eToro, and a key differentiator from other products.
In the long run, the tokenization of RWA will profoundly change the operating paradigm of modern finance and asset trading. SOON's high-performance chain and on-chain copy-trading product have already firmly secured its ecological position for the future.
simpfor.fun Will Support xStocks Copy Trading
Unlike other on-chain copy-trading products that only focus on mainstream coins or meme coins, we've targeted the trend of large-scale RWA tokenization from the beginning. That's why we launched gold copy-trading first and immediately began supporting xStocks. Next, I'll briefly explain what xStocks is and how do we plan to support xStocks trading with simpfor.fun.
What is xStocks?
xStocks is an RWA product that provides on-chain exposure to the world's top equities, backed 1:1 by the underlying security. Unlike traditional financial services, xStocks offers 24/7 trading, freely transferable assets, native DeFi support, and no commissions.
Those experienced with DeFi already know these are inherent features of all on-chain tokens! Simply put, xStocks mints real-world stocks 1:1 into xtokens, enabling stock assets to possess all the characteristics and functions of tokens, naturally gaining native DeFi compatibility. For example, you can add liquidity for xTokens on DEXes just like any other token.
xStocks now supports over 60 US stock assets, including Tesla, NVIDIA, Coinbase, and Apple.
How will Simpfor.fun Support xStocks?
xStocks will be traded on major CEXes including Kraken and Bybit, as well as DEXes on Solana. simpfor.fun will support xtoken copy-trading, tracking top-performing on-chain traders and allowing users to copy elite traders with one click to earn profits.
The copy-trading provided by simpfor.fun for xStocks will significantly differ from traditional financial market copy-trading.
First, xTokens trade 24/7, giving on-chain traders a massive arbitrage advantage over traditional financial markets, as prices continue to react to information on-chain even when traditional markets are closed. We will become the first platform to offer 24/7 copy-trading for US stock assets.
Second, on-chain trading is extremely transparent - trader performance will no longer be a black box as in traditional finance. On-chain transparency will bring revolutionary changes to traditional financial asset trading.
The future of finance is being written on-chain, and simpfor.fun is not just participating in this revolution - we're leading it. As more institutional players enter the space and regulatory frameworks mature, the demand for sophisticated trading tools like copy-trading will exponentially grow. We're building the infrastructure and next-gen trading product today for the financial system of tomorrow.
About SOON
SOON is delivering the best on-chain trading experience. SOON’s vision is to realize the Super Adoption Stack (SAS), a framework for driving mass blockchain adoption. SAS is composed of four core products: SOON Mainnet, SOON Stack, InterSOON, and Simpfor.fun. These components work together to provide high-performance, interoperable, and scalable solutions. The integration of LiveTrade and simpfor.fun further reinforces SOON’s vision, creating a super gateway for Web2 users through livestreaming platforms. This strategic expansion ensures that users experience seamless on-chain interactions directly within familiar environments like Twitch and SOOP.
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