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Woofun AI reports that OKX will commence the first batch of tokenized US stock spot trading on July 16. Users can trade price exposure of underlying stocks or ETFs in "share" units, with assets denoted by stock codes prefixed with "X", such as XNVDA and XTSLA.
Deposits and withdrawals operate through the Solana and X Layer networks, supporting 24/7 USDT-priced trading pairs. The product functions year-round, calculating off-hours prices based on the latest closing price plus market estimates. Positions in spot and perpetual contracts unify within a single account, eliminating the need for a brokerage account. Automated strategies like dollar-cost averaging and grid trading are supported, with dividends reinvested at the issuer level and returned as increased shares.