xStocks are digital representations of real company shares. The price of an xStock tracks the real-time price of the underlying share on the stock market.

Important: opening an xStock position on Bitso does not give you ownership of the underlying shares or the tokens themselves. It gives you contractual economic exposure to the price of the reference asset through Bitso.

xStocks let you:

• Get exposure to global companies 24/7.
• Invest any amount, even less than the price of one share.
• Manage your stock exposure alongside your digital assets in one place.
• Skip opening a separate brokerage account. If you already have a Bitso account, you can start investing right away.
• Receive dividends reinvested automatically. If a company you hold pays a dividend, Bitso may reinvest it into your position through the multiplier system, which can grow your holdings over time.