According to online reports, according to Dune data, the transaction volume of xStocks, a stock tokenization platform created by Backed, on the fourth day of its launch, was US$3.81 million, a significant drop from the previous day's turnover of US$8.56 million. The platform DAU (Daily Users) reported 2835 people and achieved 25126 transactions. In terms of trading varieties, the S & P 500 index ranked first with trading volume of US$960,000, followed by Tesla, Circle and Nvidia stock tokens.