Tokenized Equities

Tokenized stocks and ETFs, live onchain.

xStocks brings tokenized public equities and ETFs onchain, fully backed 1:1 by the underlying share. Payward Services partners can offer xStocks alongside crypto trading, with execution, custody, and settlement handled the same way as the rest of the platform.
1,300+
Tokenized assets
$45B+
Transaction volume
Multichain
Live across major networks
Add tokenized equities alongside crypto trading
Your users trade xStocks through your existing interface; we manage collateralization, custody, and settlement.
Offer always-on equity exposure
Your users want to trade outside market hours; xStocks trade 24/7 with no closing bell and fast settlement.

Key capabilities

Backed by real shares
Each xStock is fully collateralized 1:1 by the underlying share, held in regulated custody.
Always-on markets
24/7 trading, no closing bell, fast settlement, with fractional ownership built in.
Built for the onchain economy
xStocks are tokens, so they plug directly into lending markets, AMMs, perpetuals, and structured products.

Learn more

xStocks is its own dedicated platform with full product details, supported assets, and integration resources.

The speed at which both teams worked lock step together was really what helped accelerate this even further.

Tarun Ajwani

Chief Revenue Officer, Alpaca

Frequently asked questions

xStocks are tokenized stocks and ETFs that trade onchain. They are tokens, which means they can be held and used in the same onchain environments as other digital assets. Payward Services offers tokenized equities for businesses that want to bring stocks and ETFs to their customers. xStocks also has its own dedicated platform, xstocks.fi. Access may be subject to eligibility requirements and jurisdictional restrictions.

Each xStock is fully collateralized 1:1 by the underlying share, which is held in regulated custody. In other words, every token is matched by the real share it represents. The 1:1 ratio means each token corresponds to one underlying share. Eligibility and availability of tokenized equities can vary by jurisdiction.

Yes. The markets are always on, with 24/7 trading, no closing bell and fast settlement. Fractional ownership is built in, so users are not limited to buying whole shares. These features apply to xStocks, which are tokenized stocks and ETFs that trade onchain. Access to tokenized equities may be subject to eligibility requirements and jurisdictional restrictions.

Yes. Because xStocks are tokens, they plug directly into lending markets, AMMs, perpetuals and structured products. This makes them suited to onchain protocols building on tokenized equities. xStocks are tokenized stocks and ETFs that trade onchain. Learn more on the DeFi and onchain page of Payward Services.

Businesses interested in offering tokenized equities can talk to the Payward Services team using the Get in touch form on this page. Asset managers are one audience Payward Services serves. Payward Services offers tokenized equities for businesses that want to bring stocks and ETFs to their customers. Access may be subject to eligibility requirements and jurisdictional restrictions.

Get in touch

Ready to offer tokenized equities through Payward Services?

Talk to our team.

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