Tokenised stocks are digital representations of traditional stocks and ETFs such as Apple, Tesla, or the SPDR S&P 500 ETF, issued and traded on a blockchain. Each token is fully collateralised on a 1:1 basis by the corresponding publicly traded equities with the goal to mirror the price and performance of the underlying stock.

For every stock token issued, the issuer acquires and holds an equivalent share of the referenced stock with a regulated, independent custodian. These shares are held on behalf of the issuer or its designated trustee, ensuring each token is economically linked to one real-world share.

The issuer of xStocks is Backed Assets (JE) Limited, a Jersey private limited company. xStocks are a line of tokenised equities and ETFs launched and tokenised by Backed Finance, providing compliant, 1:1-backed tokenised equities available across multiple exchanges and blockchain ecosystems.

For more information, visit https://xstocks.com.

Tokenised stocks are designed to be fully collateralised on a 1:1 basis by the corresponding publicly traded equities.

For every stock token issued, the issuer acquires and holds an equivalent share of the referenced stock with a regulated, independent custodian. These shares are held on behalf of the Issuer or its designated trustee, ensuring each token is economically linked to one real-world share

Based on the number of custodied shares, the issuer mints an equivalent number of stock tokens, which are then made available for trading through Altify.

Investing has always relied on systems built decades ago.
Tokenisation is a way of upgrading this old system for a digital world.

In simple terms, it involves creating a digital token on a secure network that represents ownership of a real-world asset, like a share in a company. This brings some powerful benefits compared to the traditional way of buying stocks.

Here’s what that means for you:

• You can invest any time.
Traditional stock markets have set opening and closing times. Tokenised assets can be invested in 24/7, giving you the freedom to act whenever it suits you.

• It’s more efficient.
When you buy a share traditionally, it can take two business days for the transaction to officially complete (a process called 'T+2 settlement'). With tokens, ownership can be transferred and settled in seconds.

• True fractional ownership.
Tokenisation makes it easy to divide assets into smaller pieces. This means you can invest in high-value assets with a smaller amount of capital. You own a fraction of the real asset, not a complex derivative.

Tokenised stocks are available to buy using USDT, a stablecoin pegged to the US dollar. You have two options to get started:

• Deposit USDT
If you already own USDT, you can deposit it directly into your Altify account.

• Buy USDT
You can buy USDT on our platform using your local currency or any other cryptocurrency.

Once your account has a USDT balance, you’re ready to invest in tokenised stocks.