Tokenization platform xStocks surpasses $100 million in market cap on Ethereum, up about 1000% year-to-date
According to ChainCatcher, data from Token Terminal shows that the total market capitalization of the tokenization platform xStocks on Ethereum has surpassed 100 million US dollars, marking an increase of approximately 1000% since the beginning of the year, mainly driven by STRCx.
Furthermore, the asset market capitalization of xStocks on BNB Chain has separately exceeded 30 million US dollars, primarily consisting of tokenized commodities such as copper, silver, platinum, and palladium.
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
Mortgage rates return to 7%, pending home sales in the US fall to nearly a twelve-year low
According to Freddie Mac data, the 30-year fixed mortgage rate has risen to 7.4%, the highest level in nearly three years. Data from real estate brokerage Redfin shows that the volume of existing home pending sales in September fell 4% month-on-month, marking the largest single-month drop in over three years and hitting the lowest level since 2014. Nearly one-fifth of sellers have reduced prices, and the home purchase contract cancellation rate has reached a record high of 14.5%. Inventory levels have risen to the highest since March 2020, but high financing costs continue to constrain transactions.

Mueller Water Products names Michael Morgan CFO, succeeding Melissa Rasmussen
GLD ETF Falls 0.6%
JPMorgan’s tokenized funds on Ethereum hold $844 million

