Alphabet xStock

Alphabet xStock (GOOGLX) is a tokenized representation of Alphabet Inc. stock, issued under the xStocks program and designed for non-US users who want on-chain exposure to a US-listed equity. Each token is stated to be backed 1:1 by the underlying share and carries a legal claim to that share's value. It belongs to the Real-World Assets category and aims to remove the geographic and brokerage barriers that have historically kept retail participants outside certain markets.

GOOGLX tokens exist across multiple blockchain ecosystems simultaneously, including Ethereum, BNB Chain, Solana, Mantle, and TON, making them usable within DeFi protocols on each of those networks in the same way any fungible token would be. The 1:1 backing is maintained by holding the actual underlying equity in a custodial arrangement compliant with EU regulations, so the token price is intended to track the reference stock. No consensus algorithm is recorded for this asset, reflecting its nature as a tokenized financial instrument rather than a standalone blockchain.

The data stored for GOOGLX contains no fee stream, revenue figures, or protocol income metrics, so fee-based performance measures that this site might calculate for other assets are not applicable here. The token's economic design centers on the 1:1 peg rather than on value captured by a protocol. The 24-hour turnover rate stands at approximately 4.78 percent of market capitalization, which reflects trading volume relative to the circulating market cap of roughly 36.69 million USD at the recorded price of 344.79 USD per token.