Tokenized Stock Platform xStocks Reaches $5.82 Million in Trading Volume on Second Day, Over Four Times Growth from Launch Day
2025/07/02 05:02According 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
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Strategy (MSTR.US) Faces Potential Removal from MSCI Index, Passive Funds May Sell $2.8 Billion
MicroStrategy is expected to be removed from the MSCI Global Investable Market Index. JPMorgan estimates that passive funds may sell about $2.8 billion worth of shares, and if removed from multiple indexes simultaneously, the scale could reach up to $8.8 billion. Additionally, with BTC falling below its average cost of $75,456, the company’s stock price and financing capacity are under dual pressure.
Crypto prices
More
