What xStocks are
xStocks are tokens issued by Backed. Each one is backed 1:1 by the underlying share, held with a regulated custodian, so the token follows the price of stocks such as Tesla, Nvidia or Apple.
Trading hours
xStocks trade onchain around the clock, including weekends. Issuance and redemption still follow US market hours, which can affect liquidity outside them.
What you do not get
Tokenized stocks give economic exposure to the price. They do not come with shareholder rights such as voting at the annual meeting.