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Fundrise VCX Partners With Kraken to Tokenize Fund Shares as VCXx

The agreement will list VCXx on Kraken’s xStocks platform, where investors can purchase the tokenized fund shares using USDG or U.S. dollars.

USDG

Summary

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Terms & Concepts
  • Tokenization: The process of representing real-world assets or financial interests as blockchain-based digital tokens.
  • xStocks: Kraken’s platform for trading tokenized stocks or similar blockchain-based asset representations.
  • USDG: A digital dollar-denominated payment asset used to buy listed products on the platform.