$230.66

NVIDIA xStock (NVDAX) is a tokenized representation of NVIDIA stock, designed to lower barriers to investing. The product aims to make stock ownership more accessible by removing traditional constraints such as geographic borders and broker requirements. Each token is backed 1:1 by the underlying asset, providing a legal claim to the stock's value while remaining compatible with decentralized finance (DeFi) protocols.

The token is structured to comply with EU regulations and is available to non-US users. It can be traded on both centralized and decentralized exchanges, and it integrates with other DeFi applications like standard tokens. NVIDIA xStock is part of a broader offering that includes access to 57 US stocks and exchange-traded funds (ETFs), intended for regular users seeking simplified participation in traditional markets through tokenized assets.