Kraken’s xStocks and Fundrise announced on March 27, 2026, that they are tokenizing the newly launched Fundrise Innovation Fund (NYSE: VCX) to create a single onchain asset, VCXx, giving eligible investors global access to a portfolio including SpaceX, OpenAI, Anthropic and Databricks. The tokenization will list VCXx on the xStocks platform in the coming days and is issued by Backed Assets (JE) Limited and offered via Payward Digital Solutions Ltd.
The move extends tokenized equities beyond public markets into private-company exposure and enables VCXx to be used for onchain applications such as collateralization, lending, and automated strategies; xStocks reports over $25 billion in transaction volume and 100,000+ unique holders and supports 100+ tokenized stocks and ETFs. VCX is not available in the U.S. and geo restrictions apply; eligibility and jurisdiction notes follow issuer disclosures and the xStocks risk documentation.
“We built VCX to act as a bridge between the public and private markets,” said Ben Miller, CEO of Fundrise. Arjun Sethi, Co‑CEO of Payward, said tokenization opens global access to a portfolio with private exposure.
🧭 FAQs
• What is VCXx and where will it trade? VCXx is the tokenized VCX fund and will list on the xStocks platform.
• Who can access VCXx? VCXx is offered to eligible investors outside the United States under local jurisdiction rules.
• Which private companies are represented in the VCX portfolio? The fund includes exposure to firms such as SpaceX, OpenAI, Anthropic and Databricks.
• Where can investors find legal and risk documents for VCXx? Investors can review the Base Prospectus, Final Terms, and xStocks Risk Disclosure linked by the issuer and PDSL for jurisdictional details.
