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xStocks、AUMが1億ドルを突破:Solana上での株式トークン化がオンチェーン投資を変革

xStocks、AUMが1億ドルを突破:Solana上での株式トークン化がオンチェーン投資を変革

In a major win for the intersection of traditional finance and blockchain, xStocks has just crossed the $100 million mark in assets under management (AUM). This announcement came via a tweet from Capital Markets, highlighting how tokenized equities on Solana are making waves by providing seamless on-chain access to leading stocks. For those new to the term, AUM refers to the total market value of the investments managed by a platform—in this case, digital tokens representing real-world stocks.

xStocksがAUM1億ドルを突破した発表グラフィック

What Are xStocks and How Do They Work?

xStocks are essentially digital versions of U.S. stocks and exchange-traded funds (ETFs) tokenized on the Solana blockchain. Launched in June 2025 by Backed, a veteran in real-world asset (RWA) issuance, each xStock token is backed one-to-one by an actual share held with a regulated custodian. Think of it like owning a piece of Apple or Nvidia, but instead of going through a traditional broker, you hold a Solana-based token that you can trade, lend, or use in decentralized finance (DeFi) apps.

The magic happens through Solana's Token Extensions, which add programmable features to these tokens. For example, dividends from the underlying stocks get automatically reinvested into your token balance, and corporate actions like stock splits are handled smoothly on-chain. This setup ensures compliance with regulations while keeping things fully compatible with DeFi protocols. You can buy xStocks on centralized exchanges like Kraken or Bybit, then withdraw them to your wallet for self-custody, or trade them directly on decentralized exchanges (DEXs) such as Raydium or Jupiter.

The $100M Milestone: Why It Matters

Hitting $100M in AUM is no small feat, especially in the fast-evolving world of tokenized assets. Just a couple of months after launch, xStocks had already captured over half of the tokenized stock market share on blockchain, with trading volumes soaring past $2 billion cumulatively. This latest threshold, announced on October 20, 2025, underscores the growing demand for on-chain equities. It means more liquidity, more integration options, and a stronger bridge between TradFi (traditional finance) and crypto.

For blockchain practitioners, this is exciting because it expands the utility of Solana beyond meme tokens and NFTs. Imagine using your tokenized Tesla shares (TSLAx) as collateral to borrow stablecoins on platforms like Kamino, or pooling them in automated market makers to earn fees. It's 24/7 trading with instant settlements—no more waiting for stock market hours or dealing with multi-day clearances. Plus, fractional ownership lowers the entry barrier, letting anyone invest small amounts without hefty fees.

Integration and Ecosystem Impact on Solana

xStocks is deeply woven into Solana's ecosystem, leveraging its high-speed, low-cost transactions to make everything run smoothly. Partnerships through the xStocks Alliance—including heavyweights like Chainlink for price feeds, AlchemyPay, and DeFi staples like Kamino and Raydium—have accelerated adoption. Available in over 185 countries (excluding the U.S. for regulatory reasons), it's democratizing access to global markets for non-U.S. investors.

This milestone could ripple into the meme token space too. As Solana's infrastructure gets more robust with RWAs like xStocks, it attracts institutional interest, potentially boosting overall network activity and value. Meme coin creators and traders might find new ways to incorporate tokenized assets into their strategies, like hedging with stable equities amid volatile pumps.

Looking Ahead: The Future of Tokenized Equities

With over 60 tokens live, from tech giants like Amazon (AMZNx) and Microsoft (MSFTx) to ETFs like the S&P 500 (SPYx), xStocks is just getting started. Experts predict tokenized equities could eclipse stablecoins in scale, unlocking trillions in the global equity market. For meme insiders and blockchain enthusiasts, keeping an eye on developments like this is key—it's where real innovation meets practical utility.

If you're on Solana, check out xStocks on your favorite DEX or wallet app. For more details, head over to the official Solana case study or track on-chain metrics via Dune Analytics. This is the kind of progress that levels up the entire crypto game.

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