xStocks Launches 1,100+ Tokenized Equities and ETFs on Monad
Key Facts
xStocks, a platform owned by Payward, announced the native deployment of over 1,100 tokenized US stocks and ETFs on the Monad blockchain. CoinGape reported that the announcement was made by Val Gui at the Monad Open conference in Singapore on October 6, 2026, aiming to leverage the network's high-throughput capabilities to facilitate the on-chain trading of traditional financial assets.
The platform enables fractional trading of assets such as SPYx and NVDAx starting from $1, accessible 24/7 across more than 110 countries. This deployment coincides with Aave governance discussions regarding an Aave V4 launch on Monad to serve as a hub for tokenized equities, supported by the network's total value locked (TVL) which has surpassed $400 million.