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Easily convert GOOGLON to QQQX with ConvertOnline's efficient tool.
Alphabet Class A Tokenized Stock (Ondo) (GOOGLon) represents a digital token that is pegged to the Class A shares of Alphabet Inc., the parent company of Google. This token allows investors to gain exposure to the performance of Alphabet's stock in a blockchain-based format, facilitating easier trading and ownership transfer.
The Nasdaq tokenized ETF (xStock) (QQQX) is a digital representation of the Invesco QQQ Trust, which tracks the performance of the Nasdaq-100 Index. This tokenized asset allows investors to gain exposure to a diversified portfolio of technology and growth-oriented companies through blockchain technology, while benefiting from the liquidity and accessibility of cryptocurrencies.