The tokenization platform xStocks introduces a new on-chain private equity fund
By: rootdata|2026/03/29 11:08:31
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According to Cointelegraph, the tokenized stock platform xStocks has partnered with alternative investment company Fundrise to put its newly listed Fundrise Innovation Fund on-chain.
It is reported that the closed-end fund's portfolio includes private stocks from tech companies such as Anthropic, Databricks, and SpaceX. Just a few days after its listing on March 19, the price skyrocketed from the initial $31 per share to $575.
However, short-selling firms pointed out that Fundrise may be under investigation by the SEC due to its paid solicitation activities. The stock closed at $173 this week, dropping nearly 34% on Friday, and fell another 5.9% in after-hours trading.
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