X Layer, the Ethereum layer-2 network built by OKX, saw the market capitalization of its tokenized stocks increase by $32 million over seven days, the third-largest weekly gain among blockchain networks. The network launched tokenized equities on June 15, 2026, with zero market capitalization, before reaching roughly $91.5 million in September, nearly $200 million in October, and an estimated $259 million to $304 million by the end of October. The xStocks ecosystem surpassed $1 billion in on-chain market capitalization by late October 2026, while cumulative tokenized stock trading volume reached $2 billion through partners such as Uniswap. A joint venture between OKX and Intercontinental Exchange filed with the SEC to list 63 tokenized US stocks for 24/7 trading, with Nvidia, Tesla, and Apple reportedly included in the planned lineup. The launch remains subject to regulatory approval, and X Layer is also preparing permissioned Uniswap V4 pools for 24/7 trading.
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