X Layer, the Ethereum layer 2 network from OKX, has reached a market capitalization of approximately $91.5 million for its tokenized stock assets. This milestone was achieved within three months of launching the xStocks integration, which went live on June 15, 2026.
The platform currently hosts 836 listed assets, capturing about 3.1% of the global tokenized equities market. The portfolio consists of 88% equities and 12% ETFs. No single asset exceeds 9% of the total holdings, with the largest being MSTRx, a tokenized version of MicroStrategy stock, valued at around $8.45 million.
The xStocks platform, which partners with issuer Backed Finance, manages total assets across multiple blockchains ranging from $685 million to $811 million. Since its inception on June 30, 2025, xStocks has recorded cumulative trading volumes exceeding $35 billion, with Solana currently holding the top position in the ecosystem.
X Layer utilizes Polygon CDK and zkEVM technology, with OKB serving as the native token for transaction fees. The service is available to users in over 110 countries, excluding US residents. The integration allows access to tokenized US equities and commodities directly through the OKX Wallet.
