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ether.fi adds native minting and redemption for xStocks on OP Mainnet, enabling direct tokenized equity custody.

12 Nov 2026, 21:13 WIB
Tokenpost
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Bullish
ether.fi adds native minting and redemption for xStocks on OP Mainnet, enabling direct tokenized equity custody.

ether.fi has introduced native minting and redemption for xStocks within its app, allowing eligible users to hold tokenized equities directly in self-custody accounts without using the Ethereum mainnet. The xStocks include tokenized versions of all Russell 1000 companies plus NVDAx, TSLAx, QQQx, and SPYx, operating natively on OP Mainnet, a layer 2 Ethereum network. This upgrade enhances user experience by eliminating the need for bridges or wrapped tokens, enabling seamless integration with lending markets and decentralized exchanges on OP Mainnet. Previously, ether.fi offered wrapped xStocks trading since summer 2026, but the new feature provides a more direct and efficient way to manage these digital assets.

The introduction of native xStocks minting and redemption by ether.fi on OP Mainnet provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Nov 13, 2026 02:02 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell today. Notable movers include UNI at Rp109.087 with a 1-day change of -8.11% and Pluang order activity of 25% Sell / 75% Buy, AAVE at Rp2.060.358 with a 1-day change of -7.86% and 3% Sell / 97% Buy order activity, and ZIL at Rp27 with a 1-day change of -5.18% and 40% Sell / 60% Buy order activity.

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