KuCoin Launches xStocks, Bringing Tokenized Equities Like Tesla and S&P 500 to Crypto

TL;DR KuCoin introduces xStocks, a new product line of tokenized equities, providing access to top US stocks like Tesla and the S&P 500 ETF through the Solana blockchain. Each token is fully backed by real shares secured in regulated custodial accounts. With over 41 million users globally, KuCoin aims to make diversified, flexible, and borderless. . . source: https://crypto-economy.com/kucoin-launches-xstocks-bringing-tokenized-equities-like-tesla-and-sp-500-to-crypto/