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Tokenized platform xStocks brings new private shares fund on-chain

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 250 Views

Tokenized platform xStocks brings new private shares fund on-chain

The closed-end Fundrise Innovation Fund holds stakes in private technology companies including Anthropic, Databricks and SpaceX, and went public earlier this month.

Tokenized equities platform xStocks has teamed up with alternative investment firm Fundrise to bring the newly public Fundrise Innovation Fund onchain, expanding access to late-stage private market company exposure.

The single tokenized asset VCXx is expected to go live on the xStocks platform in the coming days, according to a Friday announcement.

The move comes just days after the closed-end fund began trading on the New York Stock Exchange. Its portfolio includes private shares in tech companies such as Anthropic, Databricks and SpaceX.

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