Tencent Tokenized Stock (xStock) (TCENTx) price

Tencent Tokenized Stock (xStock), ticker TCENTx, is a tokenized share: a digital token designed to track the price of Tencent, the Chinese technology group. It is not the coin of its own blockchain but an ERC-20 token on Ethereum. According to CoinGecko it is also issued on BNB Chain, Solana, Arbitrum and Optimism. It falls under the tokenized stocks and real-world asset (RWA) categories. Its purpose is to give holders onchain exposure to the price of the stock without a brokerage account.

The token has no economy of its own, such as fees or staking. Its value depends on how reliably the issuer ties it to the underlying share and how minting and redemption work. The token follows the quote of the stock on its home exchange, so while the equity market is closed, trading in the token can drift away from fair value.

Circulating supply is about 760 thousand tokens, equal to total supply, and no maximum is set. For tokenized stocks, supply usually changes through minting and redemption rather than a preset issuance schedule, so a supply cap is not the key metric here. The token's all-time high is $110.91 (September 29, 2026).

What to watch and risks: who the issuer is and what backing guarantees it gives; redemption terms and availability for residents of different countries; jurisdictional restrictions, which are stricter for tokenized securities than for ordinary crypto assets; liquidity on a given venue and the gap between the token price and the share price. A token holder usually does not receive shareholder rights unless the issuer's documents say so. Not investment advice.