Nasdaq xStock (QQQx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. QQQx tracks the price of Invesco QQQ Trust (the underlying).
QQQx is designed to give eligible cryptocurrency market participants regulatory-compliant access to the ETF price of Invesco QQQ Trust, whilst maintaining the benefits of blockchain technology.
Invesco QQQ Trust (QQQ) is an exchange-traded fund that aims to track the performance of the Nasdaq-100 Index, which includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market. It offers concentrated exposure to major technology and growth-oriented companies.