Backed’s asset platform now features tokenized stocks including Tesla, Apple, Nvidia, and S&P 500 tokens, achieving over $2 billion in trading volume with approximately 25,500 unique holders.
Backed, an asset platform, introduced its xStocks tokenized stocks allowing investors to track prices of popular equities such as Tesla, Apple, and Nvidia. Data from The Block and Dune Dashboard indicate that trading volume has surpassed $2 billion, with around 25,500 unique holders. Tesla’s tokenized stock remains the most popular with approximately 11,000 holders, while the S&P 500 token has nearly 10,000 holders.