What is Alibaba (ST0x Tokenized Stock) (WTBABA)?
ST0x is a real-world asset tokenisation platform built on Base. It issues onchain representations of listed securities, including equities, exchange-traded funds and commodity trusts. Each token is backed one-to-one by the underlying security held at a regulated broker with insolvency protection, rather than by synthetic or derivative exposure. The core system is VATS, the Verifiable Asset Token System.
How does Alibaba (ST0x Tokenized Stock) work?
wtBABA is the wrapped, freely transferable representation of Alibaba Group Holding Limited ADR (NYSE: BABA), and it can be held, transferred and traded onchain at any hour rather than only during exchange trading hours.