What Are Tokenized Stocks
Advantages of Tokenized Stocks
- Global Trading: Not restricted by geographical boundaries or traditional trading hours—available for trading 24/7.
- High Liquidity: Can be purchased with smaller amounts, lowering the investment threshold.
- Transparency: Transaction records are stored on an immutable ledger, improving trust and auditability.
- Greater Efficiency: Automated smart contracts reduce settlement time and administrative costs.
How Tokenized Stocks Are Implemented
- 1:1 Asset-Backed Security Tokens:
Represented by xStocks. Tokens held by users (e.g., TSLAX representing Tesla stock) legally represent direct or indirect ownership or rights to the underlying real stock (TSLA). This approach creates a true on-chain mapping of real stocks, emphasizing asset authenticity and transparency.
- Derivative Contract-Based Tokens:
Represented by platforms such as Robinhood. The stock tokens purchased on the Robinhood platform do not represent ownership of the underlying stock. Instead, they represent a financial derivative contract between the user and Robinhood Europe that tracks the price of a specific stock. Legally, this is an over-the-counter (OTC) derivative, while the on-chain token simply serves as a digital representation of the contract rights.
Zoomex Tokenized Stock Product Features
Product Feature |
xStocks (Zoomex Spot) |
Ownership |
1:1 backed by real stocks; holders have partial ownership exposure |
Trading Hours |
24/7 on-chain trading |
Settlement |
On-chain settlement with near-instant speed |
Dividends & Corporate Actions |
No dividends distributed; no shareholder rights |
Trading Fee |
0.50% |
Leverage |
No leverage |
Regulatory Framework |
Compliant with MiFID II standards; regulated custodians |
Use Case |
Long-term investment |
Trading Rules
Trading Pair |
Minimum Order Quantity |
Minimum Order Amount |
Maximum Order Quantity |
Maximum Holding Quantity |
Fee Rate |
QQQx |
0.00157 |
5 USDT |
3.141739 |
15.708697 |
0.50% |
AMZNx |
0.004384 |
5 USDT |
8.768468 |
43.842342 |
0.50% |
GOOGLx |
0.003378 |
5 USDT |
6.756756 |
33.783783 |
0.50% |
HOODx |
0.006954 |
5 USDT |
13.909173 |
69.545865 |
0.50% |
AAPLx |
0.003669 |
5 USDT |
7.339449 |
36.697247 |
0.50% |
COINx |
0.002867 |
5 USDT |
5.734109 |
28.670546 |
0.50% |
NVDAx |
0.00592 |
5 USDT |
11.8399 |
59.1996 |
0.50% |
SPYx |
0.0016 |
5 USDT |
3.1983 |
31.9826 |
0.50% |
MSTRx |
0.00224 |
5 USDT |
4.4698 |
22.3489 |
0.50% |
CRCLx |
0.00496 |
5 USDT |
9.9364 |
49.682 |
0.50% |
TSLAx |
0.00316 |
5 USDT |
6.3026 |
31.5129 |
0.50% |
METAx |
0.001451 |
5 USDT |
2.902631 |
14.513156 |
0.50% |
How to Trade Tokenized Stocks on Zoomex
Disclaimer:
- xStocks are synthetic tokens designed to track the price of real stocks. However, holding xStocks tokens does not equate to owning the underlying shares. Holders are not entitled to dividends, interest, voting rights, shareholder privileges, or subscription rights (including but not limited to stock splits, spin-offs, or rights offerings).
- Trading xStocks involves risks, including potential deviations between token prices and the underlying asset prices due to market conditions, liquidity, pricing mechanisms, or issuer adjustments. xStocks tokens are intended for speculative trading purposes and cannot guarantee real-time tracking of the underlying stock price. Zoomex does not guarantee the accuracy, timeliness, or continuity of price tracking.
- Before trading xStocks, please conduct your own research and carefully assess your risk tolerance. Past performance does not guarantee future results.xStocks may not be available in certain jurisdictions. Users are responsible for ensuring that their use of this product complies with applicable local laws and regulations.