So far, we're loving the integration with xStocks .
There are three things that stand out to me above all else.
Undoubtedly the first thing that comes to mind is the power of DeFi integrations. On Solana, our home chain, we're plugged into Raydium and Kamino - which provide out of the box support with liquidity pools for our 'market-making' strategy (risk-managed concentrated liquidity pools) and lending, respectively. We're heavily invested in research on other popular strategies and hope to launch them very soon (there are two we've been planning intensely for 4 months now with incredible yield and real utility to investors).
The second is credibility, a critical factor to us given we're aiming for mass-market, not just degen, adoption. Alongside our own platform's trust and security, we believe users will be reassured that the assets are backed by Kraken, a global and well regarded exchange.
Primary liquidity, when users need it, is the lifeblood of any RWA. One of the biggest reasons why we I had personally turned down so many fascinating but emerging tokenization projects as a VC back in the day was the lack of clear pathway to primary and secondary liquidity for newly issued assets. The xChange protocol, established as part of xStocks is an incredible mechanism blending onchain and offchain liquidity to allow anyone using a compatible DeFi front end (we use Jupiter for the magic) to get access to high fidelity pricing with low fees. In turn, Jupiter allows Demether to bring ~$10 million clips of any of our supported assets during market hours on chain and into a strategy. Honestly, this still blows my mind thinking about it.
xStocks continues to innovate and expand - we note the recent announcement on SpaceX coming soon and can't wait to see what else is in the pipeline. We'll be growing our platform alongside.