{"id":8309,"date":"2025-08-20T09:02:26","date_gmt":"2025-08-20T09:02:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xstocks-on-solana-hit-2b-volume-in-6-weeks-scaling-60-tokenized-u-s-equities-case-study\/"},"modified":"2025-08-20T09:02:49","modified_gmt":"2025-08-20T09:02:49","slug":"xstocks-on-solana-hit-2b-volume-in-6-weeks-scaling-60-tokenized-u-s-equities-case-study","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xstocks-on-solana-hit-2b-volume-in-6-weeks-scaling-60-tokenized-u-s-equities-case-study\/","title":{"rendered":"xStocks on Solana hit $2B+ volume in 6 weeks, scaling 60+ tokenized U.S. equities: case study"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">xStocks, tokenized U.S. equities issued by Backed, have surpassed $2 billion in trading volume within just six weeks of their launch on Solana.<\/p>\n<div id=\"cn-block-summary-block_a94f8ee8e91729d43c5ed98f327627e0\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Since launch, Backed\u2019s xStocks on Solana reached $2.1B in cumulative trading volume.<\/li>\n<li>xStocks are SPL tokens that represent fractional ownership of real U.S. stocks and ETFs, backed 1:1 by shares.<\/li>\n<li>Tradable globally 24\/7 via CEXs (Kraken, Bybit), wallets (Phantom, Solflare), and on-chain venues (Raydium, Jupiter, Kamino) with full self-custody and DeFi integration.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to a recent <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/solana.com\/news\/case-study-xstocks\" target=\"_blank\">case study<\/a> by Solana Foundation, xStocks\u2014the tokenized U.S. equities launched by Backed on Solana (SOL)\u2014have achieved rapid adoption since their June 30 launch. Within just six weeks, xStocks reached $2.1 billion in cumulative trading volume, including $500 million on-chain, with over $110 million traded on decentralized exchanges. <\/p>\n<p>By mid-August, xStocks accounted for roughly 58% of all tokenized stock trading this year, with Solana alone holding a majority share of market value at $46 million out of $86 million. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/dune.com\/xstocks\/xstocks\" target=\"_blank\">Dune<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What are xStocks on Solana?<\/h2>\n<p>xStocks are SPL tokens on Solana representing fractional ownership of real U.S. stocks and exchange-traded funds, each backed 1:1 by shares held with regulated custodians. As of August, there are \u00a060+ xStocks live on Solana, including household names like Apple (AAPLx), Microsoft (MSFTx), Tesla (TSLAx), Nvidia (NVDAx), Meta (METAx), Amazon (AMZNx), and the S&amp;P 500 index (SPYx).<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1674\" height=\"814\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1755680546_368_xStocks-on-Solana-hit-2B-volume-in-6-weeks-scaling.png\" alt=\"xStocks on Solana hit $2B+ volume in 6 weeks, scaling 60+ tokenized U.S. equities: case study - 2\" class=\"wp-image-14406988\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/xstocks.com\/\" target=\"_blank\">xStocks<\/a><\/figcaption><\/figure>\n<p>xStocks are available to non-U.S. residents worldwide for 24\/7 trading and with instant settlement , providing access to U.S. equities without traditional brokerage barriers. Centralized exchanges like Kraken and Bybit handle broader distribution, while wallets such as Phantom and Solflare and on-chain venues including Raydium, Jupiter, and Kamino enable direct self-custody and composable use of holdings. <\/p>\n<p>Beyond simple ownership, xStocks integrate with DeFi protocols, letting investors use their positions as collateral, participate in liquidity pools, and transfer holdings across platforms.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>xStocks, tokenized U.S. equities issued by Backed, have surpassed $2 billion in trading volume within just six weeks of their launch on Solana. Summary Since launch, Backed\u2019s xStocks on Solana&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8309"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8309\/revisions"}],"predecessor-version":[{"id":8310,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8309\/revisions\/8310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7987"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}