Tokenized NVDA trading 24/7
On‑chain tokenized equities popped up for NVDA trading on the Mantle network via xStocksFi, offering round‑the‑clock liquidity outside traditional exchanges. (x.com) Promoters say the tokenized RWAs improve liquidity compared with legacy brokers, enabling continuous trading hours. (x.com)
A blockchain version of Nvidia stock is now trading around the clock on Mantle through xStocks, instead of waiting for Nasdaq to open. (xstocks.fi, prnewswire.com) The product is called NVDAx. Mantle and xStocks said on April 10 that NVDAx, TSLAx, AAPLx, METAx, GOOGLx, MSTRx, HOODx, SPYx, QQQx, and CRCLx are live for trading on Fluxion, Mantle’s decentralized exchange. (prnewswire.com, app.fluxion.network) A tokenized stock is a crypto token that tracks a real share or fund. xStocks says each token is backed 1-to-1 by the underlying security held with a regulated custodian, and its docs say the tokens can trade 24 hours a day while issuer creation and redemption runs 24 hours a day, five days a week. (docs.xstocks.fi, assets.backed.fi) xStocks says these products are not synthetic bets. Its documentation describes them as tracker certificates issued through a Jersey special purpose vehicle, with Swiss-law product documents, segregated collateral accounts, public proof of reserves, and smart-contract audits. (docs.xstocks.fi, assets.backed.fi) The pitch is simple: put a familiar stock inside crypto rails. That lets traders move a Nvidia-linked asset between wallets, exchanges, and decentralized finance apps with blockchain settlement instead of the standard U.S. broker model, which xStocks contrasts with limited market hours and T+1 settlement. (xstocks.fi, docs.xstocks.fi) Mantle is pushing this as part of a larger real-world asset strategy. The chain said the xStocks launch makes it one of the first Ethereum Layer 2 networks to offer on-chain liquidity for tokenized equities through a native exchange. (prnewswire.com, mantle.xyz) The catch is access. xStocks and Backed both say the products are not intended for distribution in the United States, to U.S. persons, or in other prohibited jurisdictions, even as the tokens are marketed as globally accessible where permitted. (docs.xstocks.fi, assets.backed.fi) That restriction points to the unresolved part of tokenized equities: the technology is global, but securities law is still local. Backed’s legal pages say the products are certificates approved in Liechtenstein and governed under Swiss-law documentation, not ordinary U.S. brokerage shares. (assets.backed.fi, assets.backed.fi) xStocks says its network now spans Ethereum, Solana, Mantle, The Open Network, Ink, and other Ethereum Virtual Machine-compatible chains, and its homepage claims more than $25 billion in total transaction volume across 25 or more integrated platforms. (docs.xstocks.fi, xstocks.fi) For traders who can legally use it, NVDAx turns one of the market’s busiest stocks into a token that does not sleep. For regulators and brokers, it is another test of whether stock trading can move onto public blockchains without shedding the rules attached to the shares underneath. (xstocks.fi, assets.backed.fi)
