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![herry_quant Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1455598020087713800.png) quant [@herry_quant](/creator/twitter/herry_quant) on x XX followers
Created: 2025-07-24 05:20:10 UTC

How Do xStocks Work?
@xStocksFi is issued by Backed Finance, a Swiss-based company that holds the actual shares in custody and issues blockchain based tokens that mirror their value.
xStocks run on @solana using the SPL token standard (similar to ERC-20 on Ethereum).

Token value is equal to stock value
Each xStock is pegged to the price of its corresponding real world asset.
You can buy, hold, and trade xStocks just like crypto tokens.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948251841050861661/c:line.svg)

**Related Topics**
[alternative investment](/topic/alternative-investment)
[token](/topic/token)
[blockchain](/topic/blockchain)
[stocks](/topic/stocks)
[finance](/topic/finance)
[xstocksfi](/topic/xstocksfi)
[xstocks](/topic/xstocks)
[solana](/topic/solana)

[Post Link](https://x.com/herry_quant/status/1948251841050861661)