60 Tokenized Equities: Nvidia, Tesla, Amazon Debut on Ethereum

- XStocks, a tokenized stock platform operated by Backed Finance, launches 60 tokenized equities on Ethereum. - Major companies like Nvidia, Tesla, and Amazon are now part of its Ethereum offering, boosting accessibility and liquidity in equity trading. On September 2, 2025, Cointelegraph reported that XStocks unveiled about 60 tokenized equities on the Ethereum network. Backed Finance operates the platform, which enables users to trade blockchain-based versions of prominent stocks such as Nvidia, Tesla, Amazon, Meta, and Walmart. This move to Ethereum marks a critical milestone in the adoption of tokenized real-world assets, following XStocks' prior rollouts on Solana, BNB Chain, and Tron. The integration with Ethereum—the largest decentralized finance (DeFi) ecosystem—provides access to its vast user base and infrastructure, propelling tokenized equity trading to new heights. Proponents of tokenization hail it as a transformative solution for democratizing stock investing. By deploying tokenized equities on blockchain platforms, XStocks aims to dismantle traditional barriers, including geographic restrictions and intermediary fees, which fosters financial inclusivity. Ethereum’s dominance as the leading DeFi blockchain amplifies the significance of this launch and solidifies its role in advancing innovative financial solutions. However, this technological advancement is not without its challenges. Authorities and stock exchanges across jurisdictions have raised concerns, drawing regulatory scrutiny to tokenized equities. The ambiguity surrounding investor rights is at the crux of the issue, as legal experts warn of the risks inherent to tokenized stock ownership compared to traditional equity. They note a lack of direct claims to company assets or shareholder voting rights, and this opacity could create misconceptions regarding investor protections. The European Securities and Markets Authority (ESMA) has highlighted such concerns and urges for more robust regulatory frameworks to govern this emerging market. Despite these regulatory hurdles, the momentum behind tokenized equities remains strong. Fintech and blockchain firms continue to innovate, expanding their offerings to meet growing demand. The strategic shift to Ethereum underscores the potential for global markets to embrace tokenized equity trading and its broader applications. According to CoinMarketCap, as of September 2, at 16:14 UTC, Ethereum (ETH) is priced at $4,300.65. This reflects a 1.445% decrease in 24-hour volume. Solana (SOL) has seen a 1.493% uptick to $201.41. Meanwhile, Binance Coin (BNB) is trading at $848.68, recording a modest 0.197% increase. TRON (TRX), another blockchain supporting tokenized equities, is valued at $0.34, with a 0.188% drop in 24-hour trading volume.