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Tokenized stocks onchain, with xStocks

In short

What xStocks are

xStocks are tokenized stocks and ETFs issued by Backed. Each token is backed 1:1 by the underlying security held with a regulated custodian, and corporate actions such as dividends and splits are reflected onchain. They exist on several networks, including Solana, Ethereum and TON.

An xStock gives you the price exposure of the share. It is a token issued by Backed, not a share registered in your name.

How to buy tokenized stocks in Sparkling

  1. Open @sparkling_trade_bot in Telegram.
  2. Ask in plain English, for example “Buy $100 of Nvidia”.
  3. The agent prepares the trade: the xStock token, the price, the route and the fees.
  4. Confirm with one tap. The token lands in your self-custodial wallet.

Things to know

xStocks in Sparkling vs a share at a broker

Frequently asked questions

Can I trade tokenized stocks on Sparkling?

Yes. Sparkling supports tokenized stocks through xStocks: onchain tokens that track shares such as Tesla, Nvidia and Apple. You trade them around the clock from the same self-custodial account as your swaps, perps and prediction markets. Availability depends on your jurisdiction.

Are xStocks real shares?

They are tokens issued by Backed, each backed 1:1 by the underlying share held with a custodian. You get the share’s price exposure; the token is not a share registered in your name.

Can I trade tokenized stocks on weekends?

Onchain, xStocks trade around the clock, including weekends. Issuance and redemption with the issuer follow US market hours, so liquidity can be thinner when US markets are closed.

Who can buy xStocks?

xStocks are not offered to US persons or in other prohibited jurisdictions. Sparkling’s Terms of Service also apply.

Sources: xStocks documentation

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