Only 16 of 55+ Stocks on @xStocksFi Actually Trade
This single fact reveals a lot about where tokenization is really headed. 🧵
Most xStocks Are Technically Listed But Functionally Dead
Out of over 55 tokenized stocks, more than 45 see zero trades and zero volume.
Big names like P&G, Visa, and AstraZeneca?
Listed, but completely ignored.
Why is this happening?
Crypto Doesn’t Care About “Safe” Stocks
The stocks that do see activity on xStocks are:
- Tesla (TSLAx)
- SPY (S&P 500 ETF)
- Nvidia (NVDAx)
- MicroStrategy (MSTRx)
- Coinbase (COINx)
- GameStop (GME)
What do these have in common?
They’re volatile, have strong narratives, and are culturally relevant within the crypto community.
Crypto Traders Want Momentum, Not Blue Chips
The average crypto trader isn’t interested in P/E ratios or steady dividends.
They’re looking for assets that:
- Move fast
- Are meme-worthy
- Already have crossover appeal
MicroStrategy’s xStock (MSTRx), for example, is pumping because it feels like a crypto-native asset.
Tokenized ≠ Traction
Just putting a stock on-chain doesn’t guarantee anyone will trade it.
The reality:
Product-market fit is emerging
But only for high-volatility, high-narrative names
What’s the Next Step for xStocks?
It’s not about listing more stocks.
It’s about adding more utility to the ones people actually want:
- Liquidity pools (LPs)
- On-chain collateralization
- Native yield opportunities
- DeFi composability
Challenge: Make TSLAx or MSTRx do something ETH can’t.
Final Perspective
Tokenized stocks aren’t for everyone and that’s okay.
But for the crypto-native crowd, the formula is clear:
Give them the right assets, and the right on-chain tools, and they’ll show up.