Real World Asset (RWA) Support on 0x

What Are Real World Assets?

The Big Idea

Real World Assets (RWAs) are traditional financial or physical assets — such as equities, bonds, commodities, and other financial instruments — that are represented or made accessible on-chain through tokenization.

One of the fastest-growing RWA categories is tokenized equities, which bring exposure to traditional stocks and ETFs on-chain.

For example, xStocks are tokenized equities issued by Backed Assets (JE) Limited. Each xStock is fully collateralized 1:1 by the corresponding underlying asset and provides eligible users with on-chain exposure to companies and ETFs such as Apple, NVIDIA, Tesla, and Microsoft.

💡 Think of tokenized equities as bringing exposure to traditional financial markets onchain, allowing eligible users to access these assets using blockchain infrastructure.

How xStocks Work

xStocks are available across multiple blockchain networks. They are issued as ERC-20 tokens on supported EVM networks and as SPL tokens on Solana.

Examples of xStocks include:

• AAPLx — Apple xStock

• NVDAx — NVIDIA xStock

• TSLAx — Tesla xStock

• MSFTx — Microsoft xStock

A key differentiator of xStocks is that they can be traded around the clock, including weekends and holidays, subject to liquidity, platform availability, and applicable geographic restrictions.

Keep in mind that while xStocks can continue trading outside traditional market hours, price updates may lag while the underlying market is closed.

xStocks Regulatory Structure

xStocks provide price exposure to underlying equities and ETFs — not direct ownership of the underlying shares.

xStocks are issued by Backed Assets (JE) Limited, a Jersey private limited company. Backed's current legal documentation states that the xStocks Base Prospectus was approved by the Financial Market Authority (FMA) of Liechtenstein on May 8, 2026.

Important caveats:

• xStocks provide price exposure only — not direct ownership of the underlying shares

• xStocks are not available to U.S. persons or within the United States and are currently restricted in Canada, the UK, and Australia

• Capital is at risk

• Additional geographic restrictions may apply

For the latest information on eligibility, restrictions, and the legal structure of xStocks, refer to Backed's legal documentation.

xStocks and 0x

0x supports xStocks through Swap API, allowing integrators to add tokenized-equity trading to their applications.

Key points about the integration:

• xStocks are blocked by default on the 0x API

• Integrators must explicitly opt in to enable xStocks trading

• By opting in, integrators take responsibility for applicable compliance requirements, including geographic restrictions that apply to their users

• 0x acts solely as a software provider and makes no representations regarding the legality or regulatory status of xStocks in any particular jurisdiction

xStocks are also discoverable and tradable through Matcha for eligible users.

Robinhood Chain RWA Support

0x supports Robinhood Chain across Swap API, Gasless API, and Cross-Chain API. Robinhood Chain uses chain ID 4663.

Robinhood Chain is designed for tokenized real-world assets, including Robinhood Stock Tokens, stablecoins, and other digital assets.

Robinhood Stock Tokens are ERC-20 tokenized debt securities issued by Robinhood Assets (Jersey) Limited. They provide economic exposure to underlying securities such as U.S. equities and ETFs but do not grant holders legal or beneficial ownership rights in the underlying securities.

What 0x Supports on Robinhood Chain

• Swap API — same-chain swaps across supported Robinhood Chain liquidity

• RFQ liquidity — 0x RFQ supports Stock Tokens on Robinhood Chain, with USDG as the primary base pair

• Cross-Chain API — routes assets into and out of Robinhood Chain across supported networks and bridge providers

• Gasless API — gasless trading infrastructure is also available on Robinhood Chain

The integration builds on a longstanding relationship between 0x and Robinhood. 0x has been a Robinhood Wallet partner since 2023, supporting its onchain swap infrastructure across EVM networks.

Robinhood Stock Tokens can remain accessible on-chain outside traditional stock-market hours, although trading capabilities vary by asset and session. For example, eligible users can trade the AMC Entertainment Robinhood Stock Token on Matcha.

Enabling Robinhood RWAs

Like xStocks, Robinhood RWA tokens are blocked by default on the 0x API and require an applicable RWA opt-in before an integrator can offer them through 0x.

Integrators requesting RWA access should be aware that:

• RWA access must be explicitly enabled

• Integrators are responsible for complying with applicable legal and geographic restrictions when making these assets available to their users

• Appropriate geofencing or other access controls must be implemented where required

• 0x acts solely as a software provider and makes no representations regarding the legality or regulatory status of these tokens in any particular jurisdiction

• Availability may vary by asset, liquidity source, and applicable permissions

For details about Robinhood Stock Tokens, including their legal structure, trading capabilities, and geographic restrictions, refer to the Robinhood Chain documentation.

Why It Matters

Tokenized real-world assets are bringing traditional financial assets into on-chain markets, where they can interact with blockchain-based trading, settlement, and DeFi infrastructure.

0x supports multiple RWA categories, including tokenized equities and ETFs, tokenized commodities, and tokenized treasury and yield-bearing assets.

More than 30 teams are live with tokenized equities through 0x. Teams that have adopted 0x's tokenized-equity infrastructure include Coinbase, Robinhood, Trust Wallet, Kraken Wallet, OpenSea, Rabby, and Mayan.

As more issuers, networks, liquidity providers, and integrators enter the RWA ecosystem, 0x continues to expand the infrastructure available for routing these assets on-chain.

How to Request RWA Access

RWA trading through 0x is available on an opt-in basis, subject to the applicable asset, jurisdiction, permissions, and liquidity source.

To request RWA access, contact support@0xproject.com and let us know that you would like to enable RWA trading for your integration.

We'll follow up with the applicable disclosures and instructions required for your account.

Disclaimer: Stock Tokens are not available in the United States or to U.S. persons. Certain geo-restrictions may apply. Furthermore, tokenized securities are issued by a separate third-party, and ZeroEx is not a broker, dealer, exchange, or a registered financial institution. Any content or information presented or otherwise made available to you is on an “as is” basis and for general informational and educational purposes only, without representation or warranty of any kind. This publication is not: (a) an offer, or solicitation for an offer, to buy or sell, any interest or shares, or to participate in any investment or trading strategy; (b) intended to provide investment, financial, legal, or other professional advice; or (c) an official statement by ZeroEx or any of our affiliates. Please refer to our Terms of Service for more information.