Meta xStock (METAx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. METAx tracks the price of Meta Platforms, Inc (the underlying).
METAx is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of Meta Platforms, whilst maintaining the benefits of blockchain technology.
Meta Platforms, Inc. is a social media and technology company that focuses on connecting people and developing the metaverse. It owns and operates several popular social media platforms like Facebook, Instagram, Threads, and WhatsApp, as well as developing VR and AR technologies through its Reality Labs