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Vanguard VTIX (Vanguard xStock)
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konnect cash out Every 25th of a new month
Konnect Official
28 mins ago99 -
Earn in Dollars
King
41 mins ago00 -
The most expensive thing in this picture is not even the car.. oh God 💔
Mich Elle
42 mins ago00 -
My mind cut, cause I think say na me dem dey find 😂
Mich Elle
48 mins ago00 -
I trust in you, Lord.
Mich Elle
49 mins ago00
Abfpk
45 days agoVanguard VTIX (Vanguard xStock) is a tokenized version of the Vanguard Total Stock Market ETF (VTI), represented as blockchain-based digital tokens (Solana SPL and ERC-20). It tracks the price of the Vanguard Total Stock Market Index Fund ETF, which provides broad exposure to nearly all publicly traded U.S. companies including large-, mid-, small-, and micro-cap stocks across all sectors.
VTIX offers the benefits of blockchain technology such as 24/5 trading access, fractional share purchases starting as low as $1, and the ability to buy using cryptocurrencies including Bitcoin and stablecoins. However, VTIX token holders do not have direct ownership rights over the underlying stocks nor the typical shareholder benefits like voting rights or dividends. The underlying stocks are held by a regulated third-party custodian to back the tokens 1:1.
VTIX is aimed at providing cryptocurrency market participants a regulated, compliant way to gain exposure to the Vanguard ETF price while enjoying the flexibility and accessibility of digital tokens. The tokens can be traded, redeemed, or withdrawn to compatible on-chain wallets but carry the risks typical of cryptocurrency investments, including price volatility and fees.
In summary, Vanguard VTIX is a digital token that tracks the Vanguard Total Stock Market ETF price, accessible through blockchain trading platforms but distinct from owning the actual ETF shares in traditional markets.