Understanding xStocks: How They Work

Wondering what xStocks really are? Think of them as digital tokens that mirror real-world stock prices. Here's the thing—each xStock is built to track its underlying stock's value, but it operates entirely within a blockchain ecosystem rather than traditional markets.

So instead of holding actual shares, you get tokenized versions that move in sync with the real asset. It's basically bringing traditional equity exposure into the decentralized finance world, making stocks accessible and tradeable on-chain. Pretty straightforward concept, once you break it down.