Rialto is attacking the tokenized-equity bug that made xStocks look unserious in 2025: thin liquidity let stock tokens trade up to 300% away from the underlying. Its live catalog is small but pointed, 25 whitelisted assets on Robinhood Chain ID 4663, including NVDA, SPY, SGOV, SPCX and USDG. A PropAMM only matters if it keeps those off-hours marks tight against the underlying, because tokenized stocks are still judged against the 4 p.m. NYSE close.

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