X Layer's xStocks Assets Near $100M Market Cap in Under Three Months

X Layer's xStocks assets have reached a market cap of nearly $100 million in under three months, representing about 3.1% of the overall tokenized equities market.

The platform, which is OKX's Ethereum layer 2 built using Polygon CDK and zkEVM technology, officially launched in June 2024.

X Layer partnered with xStocks to bring tokenized US equities, ETFs, and commodities onto the chain in June this year. The integration was live by June 15, allowing users in over 110 countries to participate, though US persons are excluded.

The asset mix on X Layer skews heavily toward equities at roughly 88%, with ETFs making up the remaining 12%.

X Layer's $91.5 million is a fraction of the broader xStocks ecosystem, which has recorded cumulative trading volumes exceeding $35 billion since launching in June 2025.