# USToken

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US stock token move on Gate builds a bridge between classic equity and on-chain liquid.
What is project?
In June, xStocks model went live with 60 plus US stocks and ETFs minted as SPL tokens on Solana. Each token is backed 1:1 by real share held by licensed custodian. Mint and burn is on-chain, price feed tracks real share price live. Gate opened spot and futures board for these tokens, so users can trade even when US session is closed.
Why it is preferred?
1. 24/7 access. Gate board stays open when US market is closed. Users in Asia and Europe can open and close. 2. Fractional buy. Even high
SOL2.79%
AAPL0.22%
MSFT1.71%
AMZN1.44%
NVDA0.71%
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HelalChowdhury:
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