News linked to both this project and an event.
Odaily reports, according to official sources, X Layer has entered into a strategic partnership with xStocks, a regulated tokenized stock issuance platform. Together, they will promote the integration of tokenized stock assets into the X Layer ecosystem and make related trading services accessible to OKX Wallet users. In the future, users will be able to trade xStocks-related assets 24/7 within the OKX Wallet, benefiting from the settlement, liquidity, and distribution capabilities provided by X Layer. The two parties will also launch a fast-listing mechanism to accelerate the tokenization and trading circulation of popular stocks and thematic ETFs within a compliant framework.It is reported that X Layer is committed to building on-chain infrastructure for financial assets, covering key areas such as settlement, liquidity, and distribution. xStocks has previously facilitated over $31 billion in cumulative tokenized stock trading volume and has become the first major issuer to commit to providing asset depth on X Layer, driving the expansion of tokenized stock scale.
Mike Cagney, founder of Figure Technology Solutions (FIGR), stated that the company is pushing to rebuild the underlying infrastructure of traditional credit markets through blockchain, bringing loans, real-world assets (RWA), and even stocks onto the chain. The goal is to enable credit flows to move away from traditional intermediary systems and become "the new infrastructure of Wall Street." According to data, Figure's monthly loan origination volume exceeded $1 billion for the first time in March this year, with total origination reaching $2.9 billion in the first quarter of 2026, an annualized scale of approximately $12 billion.Mike Cagney pointed out that loan tokenization can significantly reduce securitization costs and lower traditional intermediary fees, while enhancing liquidity through continuously updated credit markets, and enabling on-chain credit assets to directly integrate with the DeFi ecosystem, expanding the scope of investor participation. Its Forge platform can bundle loans into standardized asset pools and convert them into tokens usable as collateral within DeFi protocols.Currently, Figure is advancing related business within the Solana ecosystem and plans to expand to Ethereum. Additionally, the company has launched YLDS, a yield-bearing stablecoin with a scale of approximately $600 million, backed by traditional assets such as U.S. Treasury bonds, and is exploring stock tokenization as well as on-chain staking and lending. Mike Cagney stated that blockchain will become one of the most transformative technologies and will redefine the structure of future financial markets. (CoinDesk)