Vanguard xStock (VTIX): D-Score 48/100 — Moderately Decentralized BlockIndex D-Score: 48/100 (Moderately Decentralized). Vanguard xStock (VTIX) is a Layer 2 cryptocurrency using Other consensus. Vanguard xStock: Tokenized Vanguard ETF certificate providing blockchain-based U.S. equity exposure through the xStocks ecosystem. Source: https://blockindex.ai/coin/vtix · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 48: Node distribution: 0: Initial distribution: 25: Governance: 16: Age and history: 7: Autonomy: 0: Key facts - Layer: Layer 2 - Consensus: Other (N/A) - Launch: Other (2025) - Founder: N/A - VC funded: No - Max supply: N/A - Circulating: 148,276 Market data (as of 2026-06-19) - Price: $373.53 - Market cap: $55.39M - 24h volume: $4,662.81 - 24h change: +3.30% · 7d change: +2.50% About Vanguard xStock (VTIX), also referred to as Vanguard tokenized ETF (xStock), is a tokenized certificate designed to track the Vanguard Total Stock Market ETF. It belongs to the xStocks and Backed tokenized equities ecosystem, which brings tokenized versions of U.S. stocks and ETFs onto public blockchains for eligible users. The available summaries identify VTIX primarily as an SPL token on Solana, with additional contract visibility across Ethereum, BNB Smart Chain, and Arbitrum. Its core purpose is to provide blockchain-based exposure to a broad U.S. equity market reference asset, rather than to operate as a native cryptocurrency network with its own consensus, mining, validator set, or block production. Technically, VTIX is best understood as a real-world asset token rather than a standalone chain. It does not have its own mining algorithm, staking rewards, block timing, TPS, full-node network, or native chain history. Those properties belong to parent networks such as Solana or the EVM chains where related contracts are listed. The token standard most directly identified in the source material is SPL, and the Solana token contract is listed as XsssYEQjzxBCFgvYFFNuhJFBeHNdLWYeUSP8F45cDr9. The broader xStocks model is described as 1:1 backed by the relevant underlying stock or ETF through regulated custody arrangements, giving the token its economic link to the Vanguard ETF reference asset while preserving blockchain settlement and transferability characteristics. VTIX's use case is access to tokenized ETF exposure through crypto-native venues and wallets. The ecosystem data shows support across several wallet categories, including Ledger, Electrum, Trust, Argent, MetaMask, and Phantom, although some wallet entries are generic ecosystem matches rather than VTIX-specific integration documentation. Exchange coverage includes Kraken, Coinbase, Binance, Bybit, Bitget, Meteora, and Jupiter, with VTIX/USD identified as the primary trading pair. Market-data and visibility services include CoinMarketCap, CoinGecko, CryptoCompare, TradingView, Solscan, Etherscan, BscScan, Arbiscan, Ethplorer, Binplorer, and Arkham, giving VTIX broad discovery across token explorers and price-tracking platforms. The tokenomics are tied to issuance and backing of a tokenized ETF certificate, but the extracted data does not provide a public initial percentage, premine schedule, ICO allocation, or detailed mint and redemption mechanics specific to VTIX. CryptoCompare listed max supply as not applicable, while available supply snapshots varied by source and date, including total supply around 328,134.15 and circulating supply figures ranging from about 1,605.84 to 44,637 VTIX in different market-data snapshots. The market price was also time-sensitive and inconsistent across sources, with examples including 389.18 USDT from CryptoCompare and $337.89 from Bybit on Apr 9, 2026. The best extracted all-time-high data shows CoinMarketCap reporting $415.89 on May 30, 2026, while CoinGecko reported a different ATH of $435.69 on the same date. Governance for VTIX appears issuer-centered and off-chain. The summaries associate the product with Backed, xStocks, and Backed Assets, including Backed Assets (JE) Limited as an issuer reference for eligible Kraken customers. No DAO, token voting system, community-governed treasury, CEO, GitHub repository, open-source statement, or VTIX-specific protocol governance process was identified. Regulatory context is important because tokenized ETF certificates depend on issuer, custodian, eligibility, jurisdiction, and underlying-market arrangements, but no VTIX-specific enforcement action or formal regulatory classification was provided in the extracted material. Future development appears connected to the broader xStocks roadmap, including multi-chain expansion across Solana, Ethereum, Mantle, TON, Ink, and other networks, rather than a VTIX-specific chain roadmap. Links - Website: https://xstocks.com/ - Whitepaper: https://docs.backed.fi/ - GitHub: N/A --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore