Kraken’s xStocks Platform Lists VCXx Tokenized Asset
- VCXx, a tokenized version of the Fundrise Innovation Fund (NYSE: VCX), will be listed on the xStocks platform.
- The fund includes exposure to private companies like SpaceX, OpenAI, Anthropic, and Databricks.
- xStocks reports over $25 billion in transaction volume and supports more than 100 tokenized stocks and ETFs.
- VCXx is issued by Backed Assets (JE) Limited and offered via Payward Digital Solutions Ltd.
- The asset is not available in the U.S., with geo-restrictions applying to eligibility.
Kraken’s xStocks platform is expanding its offerings by listing VCXx, a tokenized asset providing global investors access to a portfolio of private tech companies such as SpaceX and OpenAI. This move highlights the growing trend of extending tokenized equities beyond public markets into private-company exposure.
With over $25 billion in transaction volume, xStocks continues to facilitate innovative investment opportunities while adhering to jurisdictional restrictions for eligible investors outside the United States. (Source)
