PANews reported on June 2nd that X Layer has entered into a strategic partnership with xStocks, a regulated tokenized stock issuance platform. The two companies will jointly promote the integration of tokenized stock assets into the X Layer ecosystem and open related trading services to OKX Wallet users. In the future, users will be able to trade xStocks-related assets 24/7 within OKX Wallet and benefit from X Layer's settlement, liquidity, and distribution capabilities. The two companies will also launch a fast-track listing mechanism to accelerate the tokenization and trading of popular stocks and thematic ETFs within a compliant framework.

X Layer is reportedly working to build on-chain infrastructure for financial assets, covering key aspects such as settlement, liquidity, and distribution. xStocks has previously accumulated over $31 billion in tokenized stock trading volume and has become the first major issuer to commit to providing asset depth on X Layer and driving the expansion of tokenized stock scale.