XStocks has made its mark in the world of tokenized stocks, launching on Ethereum to offer investors access to 60 equities, including Nvidia, Tesla, and Amazon. This launch comes at a time when regulators are tightening their grip on digital securities as investors grapple with issues surrounding tokenized stock ownership rights. XStocks seeks to leverage Ethereum’s dominance in decentralized finance (DeFi) by offering its services on a platform that boasts 60% market share in the sector. The move signifies a strategic shift, following successful launches on Solana, BNB Chain, and Tron. This expansion capitalizes on Ethereum’s established ecosystem for tokenized equities, with many users already familiar with its workings. Backed Finance, XStocks’ creator, has previously partnered with exchanges like Kraken and Bybit to offer access to these asset classes. With regulatory scrutiny increasing on tokenized securities, which lack traditional shareholder rights such as ownership and voting power, XStocks aims to tap into the growing DeFi market.