Mantle launches xStocksFi, enabling leading US stock assets to circulate on-chain

ChainCatcher news, according to Mantle's official announcement, xStocksFi has officially launched on the Mantle network, supported by BackedFi and Flowdesk.

As one of the first on-chain liquidity stock tokenization projects, users can trade major global assets around the clock via the Fluxion network, including TSLAx, NVDAx, AAPLx, METAx, and 10 top US stocks. Mantle leverages institutional-grade infrastructure and exclusive deposit and withdrawal support from a certain exchange to enhance the distribution efficiency of real-world assets (RWA), offering extremely low transaction fees and a high-speed execution experience. The official statement notes that the launch of xStocks is only the starting point for ecosystem expansion, with additional features such as xChange and xPoints to be rolled out in the future.