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Easily convert GOOGLX to QQQX 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.
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.