OKX Launches Tokenized U.S. Stock Spot Trading on July 16 via Solana and X Layer

SOL3.65%

According to Foresight News, OKX will launch tokenized U.S. stock spot trading on July 16, allowing users to trade price exposure of stocks and ETFs with ticker symbols prefixed with "X" (such as XNVDA and XTSLA). Users can deposit and withdraw via Solana and X Layer networks, with trading available 24/7 and all trading pairs priced in USDT.

The product operates year-round, with prices during non-trading hours calculated based on the latest closing price and market estimates. Holdings are consolidated in a single account alongside spot and perpetual positions, requiring no separate brokerage account. The platform supports automated trading through strategies such as dollar-cost averaging and grid trading, with dividends reinvested and returned as increased share positions.

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