PANews March 29 news, according to Cointelegraph reports, the tokenized stock platform xStocks has partnered with alternative investment company Fundrise to put its newly listed Fundrise Innovation fund on-chain. The single tokenized asset VCXx is expected to go live on the xStocks platform in the coming days.

The closed-end fund's portfolio includes private stocks from tech companies like Anthropic, Databricks, and SpaceX. Its price soared from the initial $31 per share to $575 within days of its listing on March 19. However, short-selling firms have pointed out that Fundrise may face an SEC investigation due to paid solicitation activities.