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Easily convert GOOGLX to ALCX with ConvertOnline's efficient tool.
Alphabet tokenized stock (xStock) (GOOGLX) is a digital asset that represents ownership in Alphabet Inc.'s stock, allowing investors to trade and hold shares in a blockchain-based format. This tokenization enables increased liquidity and accessibility for a broader range of investors, who can buy fractional shares through cryptocurrency exchanges.
Alchemix (ALCX) is a decentralized finance (DeFi) protocol that allows users to create self-repaying loans using their crypto assets as collateral. By leveraging future yield from deposited assets, Alchemix enables users to access liquidity without the need for traditional repayment methods.