Onchain Assets · 03 / 7
Equities that trade around the clock
Tokens that track listed shares and ETFs, backed one-for-one by shares held with a custodian or broker. They trade outside market hours and plug into DeFi, usually for investors outside the US.
Market cap · live
$2.6B
CoinGecko category: tokenized-stock
Largest
Strategy PP Variable xStock · STRCX
6% of the category · $158M
Fully backed tracker
A debt-like certificate backed by held shares.
Broker-issued token
A brokerage issues tokens to its own customers.
Synthetic exposure
Derivatives that track a price without holding shares.
Ranked by market cap, live from CoinGecko.
| # | Name | Market cap | Share | 24h |
|---|---|---|---|---|
| 01 | Strategy PP Variable xStock · STRCX | $158M | 6.1% | +1.4% |
| 02 | Circle Internet Group · CRCLB | $148M | 5.8% | -0.4% |
| 03 | SpaceX · SPCXB | $138M | 5.4% | +1.9% |
| 04 | MicroStrategy xStock · MSTRX | $110M | 4.3% | -0.0% |
| 05 | Circle xStock · CRCLX | $102M | 4.0% | +0.3% |
| 06 | Circle Internet Group · CRCLON | $98M | 3.8% | -0.4% |
| 07 | Tesla xStock · TSLAX | $68M | 2.6% | +0.2% |
| 08 | SanDisk · SNDKB | $66M | 2.6% | +7.5% |
Not the share itself
Holders usually have economic exposure, not voting rights.
Off-hours pricing
When the exchange is closed, prices can drift from the next open.
Jurisdiction
Most products exclude US persons.
On Tempo
Tokenized stocks trade 24/7 but still need a cash leg. Tempo is built for that leg: stablecoin settlement in about half a second, every day of the week.