How to Trade Tokenized Stocks on Solana: Complete Operational Guide

Before the rise of the crypto industry, hardly anyone could imagine that "going on-chain" would so deeply integrate into our daily lives. Cryptographic technology has fundamentally transformed the way people manage their funds, returning financial sovereignty to users rather than relying on traditional institutions. Today, DeFi has taken another important step—tokenization of stocks is officially launched.

Solana is a widely popular public chain in the crypto world, known for its high-speed transaction processing capabilities and smooth user experience. Today, Solana is bringing important pillars of traditional finance into the DeFi world through the innovative "tokenization of stocks." These blockchain tokens issued by Backed (such as AAPLx, TSLAx) are each backed 1:1 by real U.S. stocks. This article will introduce you to the basic concepts of tokenized stocks, their applications on Solana, advantages and risks, and teach you how to buy and trade stocks step by step on Solana.

What is tokenization of stocks?

Tokenization stocks are blockchain-mapped versions of tradable stocks in the real world, such as shares of well-known companies like Apple, Tesla, and Nvidia. On Solana, these stocks are referred to as xStocks, with each token backed 1:1 by real stocks. This product is launched by Backed and is leading the on-chain future of finance.

For example, AAPLx is the on-chain representation of Apple Inc. stock AAPL, with the underlying real stock held by a trusted custodian. xStocks are linked to the real stock market price and can be traded like crypto assets 24/7, not restricted by traditional market hours. More importantly, they can be used as collateral in DeFi applications for various operations such as lending and trading.

Note: The availability of tokenized stocks may be subject to local securities law restrictions. Users should ensure compliance with local regulatory requirements before proceeding.

Why Trade Tokenized Stocks on Solana?

Solana is a high-performance blockchain known for its ultra-fast transaction speeds and low fees. Its core advantages include:

• Seconds-level transaction confirmation: settlement completed in less than one second;
• Ultra-low fees: Trade without pressure, no need to worry about high gas fees;
• Excellent wallet experience: Wallets such as Phantom and Solflare are well supported;
• Highly integrated DeFi: xStocks can be used as collateral or LP tokens in various DeFi scenarios.

With a strong developer community, DeFi protocol ecosystem, and institutional support, Solana is an ideal trading platform for tokenized stocks.

The platform for trading tokenized stocks on Solana

Multiple platforms have launched or integrated tokenized stocks, mainly including:

• Backed Finance: A leading tokenization issuer with over 60 stocks and ETFs (such as AAPLx, SPYx, NVDAx) available for trading on Solana DEXs like Jupiter and Raydium.
• Solflare Wallet: A popular Solana wallet that allows users to directly purchase stock tokens using SOL or USDC. Users can trade by clicking on "Market Stocks" on the mobile app or by going to the "Stocks" page on the web.
• deBridge: A protocol with extremely fast cross-chain speed, allowing you to enter xStocks trading from anywhere in the DeFi world in seconds.

How to Purchase Tokenized Stocks on Solana via deBridge?

As an extremely efficient cross-chain protocol, deBridge eliminates the risks and bottlenecks of traditional liquidity pools, allowing funds and information to flow between chains at lightning speed. Below are the steps to operate using deBridge:

If you do not have Solana assets

• Visit app.debridge.finance;
• Select the source chain and asset you want to cross-chain, for example, choose the Ethereum network and ETH;
• Select Solana as the target chain, and choose SOL as the target asset;
• Connect your EVM wallet and Solana wallet respectively;
• Enter the amount, check the fees, confirm the transaction details;
• After signing the transaction, you will receive SOL in the Solana wallet;
• Then, you can exchange SOL for any tokenized stocks on deBridge, such as AAPLx, NVDAx, etc.

If you have Solana assets

• Visit app.debridge.finance;
• Both the source chain and the target chain are selected as Solana, select SOL and then choose the tokenized stock you want to exchange.

This process allows you to exchange tokens for tokenized stocks (xStocks) at market prices.

Statement: deBridge does not issue, hold, or broker tokenized stocks, all related assets are issued and provided by third-party platforms.

Advantages of Tokenized Stocks on Solana

• 24/7 Trading: xStocks can be traded 24/7, without restrictions on weekdays;
• Instant Arrival: Unlike traditional stocks that rely on clearing houses, xStocks go directly into your wallet;
• Deep DeFi integration: Available for on-chain lending, smart contract operations, collateral, etc;
• Low cost, high efficiency: ultra-low fees and high-speed transactions provide a better trading experience.

Risk Warning

Although tokenization of stocks is very attractive, any investment comes with risks, and users need to make decisions based on their own risk preferences:

• Regulatory risk: Users in some areas may be restricted due to strict U.S. securities regulations;
• Custody risk: xStocks relies on the issuer to custody the real stocks;
• Liquidity risk: Not all tokenized stocks have good trading depth;
• Smart contract risks: There may still be technical vulnerabilities;
• Market risk: Stock prices may fluctuate significantly due to global events or market sentiment.

The Future of Stock Trading on Solana

Tokenization of stocks builds a bridge between traditional finance and the on-chain world. Today, with platforms like Solana, deBridge, and Solflare, anyone can easily access xStocks, making traditional stock trading as flexible and free as DeFi.

Whether you are an experienced crypto user or a new stock investor, the tokenization assets on Solana open a door to the financial future for you.