Tokenized platform xStocks brings new private shares fund on-chain
Tokenized equities platform xStocks has partnered with Fundrise to bring the Fundrise Innovation Fund on-chain, expanding access to late-stage private market company exposure. The fund's portfolio includes private shares in tech companies such as Anthropic, Databricks, and SpaceX.
xStocks has teamed up with Fundrise to bring the Fundrise Innovation Fund on-chain. The single tokenized asset VCXx is expected to go live on the xStocks platform soon. The fund's portfolio includes private shares in tech companies like Anthropic, Databricks, and SpaceX. The fund began trading on the New York Stock Exchange recently. Its stock price rose from $31 to $575 per share, but then dropped to $173 after a critical report was published. The report alleged that Fundrise Advisors LLC was the subject of SEC action in 2023.
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