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Fundrise Innovation Fund LLC tokenized stock(xStock)

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About Fundrise Innovation Fund LLC tokenized stock(xStock)Fundrise Innovation Fund LLC tokenized stock (xStock) tracks Fundrise Innovation Fund (NYSE: VCX), a closed-end fund concentrated in late-stage private AI/tech companies (including Anthropic, Databricks, and OpenAI Group among its top holdings) that listed on NYSE in March 2026. Unlike an operating company, the fund's underlying net asset value is periodically marked rather than continuously priced, and its listed market price has historically traded at a large premium to NAV — a structural risk on top of the underlying illiquidity of its private holdings. Each token is backed 1:1 by custodied shares under Backed Finance's Liechtenstein FMA-regulated framework.
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