The OKX founder and CEO said tokenized stocks are one of the most important real-world asset use cases and could broaden access to capital markets by bringing global equities onchain.
OKX founder and CEO Star said xStocks may soon launch on X Layer, signaling a potential expansion of tokenized stocks on the network. Star said tokenized stocks are among the most important use cases for RWA (real-world assets, tokenized offchain assets) and described the model as a way to bring global equities onchain and expand access to capital markets. X Layer had previously formed a strategic partnership with regulated tokenized stock issuance platform xStocks, with related assets set to be integrated into the X Layer ecosystem and OKX Wallet.