What is Vanguard xStock?

Vanguard xStock is a cryptocurrency project that focuses on tokenizing stocks, with each token backed 1:1 by the underlying assets. The project aims to provide users access to a selection of 57 US stocks and ETFs while complying with EU regulations. It is designed to be accessible to non-US users and can be integrated with various decentralized finance protocols.

The architecture allows for listing on both centralized and decentralized exchanges, facilitating straightforward trading and investment options. Vanguard xStock aims to eliminate traditional investment barriers, providing users with a legal claim to the value of the stocks through its tokenized approach.