NVIDIA xStock

NVIDIA xStock (NVDAX) is a tokenized representation of NVIDIA corporation stock, designed to give non-US users access to exposure to that equity without going through a traditional brokerage. Each token is backed one-to-one by the underlying NVIDIA share and confers a legal claim to that value. The xStocks project frames itself as a solution to the geographic and institutional barriers that have historically made US equity markets difficult or impossible for many people around the world to access.

NVDAX tokens are issued against actual NVIDIA shares held in custody, maintaining the one-to-one backing ratio. The token exists across several blockchain ecosystems simultaneously, including Ethereum, Solana, BNB Chain, Mantle, and TON, meaning it can move and be used within the decentralized finance protocols native to those networks. No consensus algorithm is recorded for this asset because it inherits whatever settlement mechanism each host blockchain uses rather than operating its own.

The data stored for NVDAX contains no fee stream, revenue figures, or protocol income metrics, so no fee-based economic description can be constructed from what is known. The token's price of 218.58 USD and market capitalization of 39,093,509 USD reflect the circulating supply of 178,847.91 tokens at that point in time. Because the asset tracks an external equity price rather than generating on-chain revenue, standard protocol-fee measures that this site might compute for other assets are not applicable here.