TL;DR:
- Bitso launched xStocks in Argentina, offering 10 tokenized stocks from companies like Apple, NVIDIA, and Tesla directly from its app.
- The tokens replicate the price of their underlying assets on a 1:1 basis and are traded using the user’s digital dollars on the platform.
- xStocks surpassed $25 billion in total transaction volume and over 100,000 unique holders worldwide.
Bitso announced the launch of xStocks in Argentina, an integration that allows users of the platform to access tokenized stocks of the leading U.S. companies directly from the app, without needing to open a brokerage account, complete new verification processes, or operate within New York market hours. The ten tokens available in this first phase are AAPLx, AMZNx, GOOGLx, METAx, MSFTx, NFLXx, NVDAx, QQQx, SPYx, and TSLAx.
Each xStock replicates the price of its underlying asset on a 1:1 basis and is backed accordingly. Positions are settled in USDC or USDT, using the digital dollar balance the user already holds on the platform. In this initial phase, tokens cannot be transferred to external wallets outside of Bitso. The minimum amount to trade is five dollars, which allows opening fractional positions without needing to acquire a full unit of the asset.
Bitso: A Bridge to Wall Street
Julián Colombo, general director of Bitso for South America, noted that Argentina has one of the most financially sophisticated populations in the region, although access to the world’s leading companies “has always been reserved for a few.” For his part, Val Gui, general director of xStocks, emphasized that the goal is to turn capital markets into programmable, geographically unrestricted global markets.
One of the concrete differentiators from traditional instruments is availability. Six of the ten tokens —AAPLx, NVDAx, TSLAx, SPYx, GOOGLx, and QQQx— operate 24 hours a day, seven days a week, including weekends and holidays. The remaining four operate on a 24/5 basis and will eventually transition to the 24/7 format.
xStocks, the Standard for Tokenized Stocks
The xStocks framework, developed by Payward, is the reference standard for the tokenization of U.S.-listed stocks and ETFs. Since its launch in 2025, xStocks has accumulated more than $25 billion in total transaction volume and surpassed 100,000 unique holders globally. The protocol is designed to operate on both centralized platforms and self-custody wallets and decentralized applications.
For Bitso users in Argentina who already hold digital dollars in their account, they can get started immediately — no additional steps required: the buy and sell flow is identical to any other operation within the application.
