What is Meta tokenized stock (xStock) (METAX)?

Deep Dive

1. Purpose & Value Proposition

METAX bridges traditional finance (TradFi) and decentralized finance (DeFi) by tokenizing Meta’s stock. Each token represents a share of Meta Platforms, Inc., enabling users to trade equities on blockchain networks like Solana and Ethereum. Unlike traditional brokers, METAX offers 24/7 trading, fractional ownership, and direct transfers between wallets (xStocks).

2. Technology & Architecture

METAX operates on a multi-chain framework (ERC-20 and Solana SPL) and relies on oracles like Chainlink’s Data Streams and Pyth Network’s Express Relay for real-time stock pricing. These systems reduce slippage by enabling direct price quotes (RFQ) and verifying collateral reserves. Cross-chain interoperability is powered by Chainlink’s CCIP, allowing METAX to expand across blockchains (Gate).

3. Ecosystem Fundamentals

METAX is part of the xStocks Alliance, a coalition of platforms like Kraken, Gate.io, and Jupiter, which standardizes tokenized equities. It integrates with DeFi protocols (e.g., Raydium for liquidity pools) and wallets (e.g., Solflare) for seamless trading. Futures markets on Gate.io also allow leveraged positions, blending TradFi strategies with crypto flexibility.

Conclusion

METAX is a compliant, blockchain-native conduit for Meta stock exposure, leveraging cross-chain infrastructure and DeFi integrations to democratize equity access. As adoption grows, how will regulatory frameworks adapt to ensure scalability without compromising compliance?