What is tokenized BABA?

Tokenized Alibaba Group Holding Limited ADR (BABA) provides on-chain exposure to the underlying NYSE-listed security. The issued asset token represents shares held with a regulated broker. On ST0x it trades as wtBABA, a vault wrapper on Base whose exchange rate to the issued token can change over time.

How trading works on ST0x

• 24/7 markets. Trade whenever you want — not just during traditional exchange hours.
• Non-custodial. Your assets stay in smart-contract vaults you control; ST0x never takes custody.
• On-chain & composable. Settle on Base and use your tokenized BABA across DeFi.
• Intent-based execution. Orders are placed on-chain and filled by solvers when matched with liquidity.