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Easily convert GOOGLX to SPYX 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 SP500 tokenized ETF (xStock) (SPYX) is a digital asset that represents a tokenized version of an exchange-traded fund (ETF) tracking the S&P 500 index. By providing exposure to the performance of the 500 largest publicly traded companies in the United States, this token aims to democratize access to traditional stock market investments through blockchain technology.