Tokenized assets in Europe: what Tokenized Stocks are and how do I use it?
OKX has introduced Unified Tokenized Stocks, a product offering economic exposure to U.S. stocks and ETFs through digital tokens. These assets, such as xAAPL, allow users to gain price exposure without direct share ownership or voting rights. The platform standardizes various third-party issuer tokens, such as those from Backed, into a consistent share-equivalent format for easier trading. A key feature of this offering is 24/7 trading availability, enabling users to trade outside of traditional U.S. market hours and on weekends. Because these tokens represent economic exposure rather than direct equity, their market price may temporarily diverge from the underlying asset's exchange-traded price. The product is distributed by OKX Europe Markets Limited, which is regulated by the Malta Financial Services Authority under MiFID II. This development highlights the growing trend of using blockchain technology to provide retail investors with flexible, continuous access to traditional financial instruments.
