What is the latest update on Google stock? How to buy GOOGLX?

In today's world where the digital economy and fintech are merging, traditional stock investments are undergoing a Blockchain revolution. On September 4, 2025, the stock price of Google's parent company, Alphabet, soared by 9.14%, setting a new historical high, with a single-day increase in market capitalization of $234 billion.

This astonishing surge stems from Google's victory in the antitrust case in the U.S. federal court, where the judge allowed Google to retain its Chrome browser, only requiring it not to sign exclusive search agreements and to share some search data.

Recent Developments and Market Performance of Google Stocks

On September 3, 2025, local time in the United States, the US stock market showed a mixed trend. The Nasdaq Composite Index rose by 1.02%, the S&P 500 Index increased by 0.51%, while the Dow Jones Industrial Average fell slightly by 0.05%.

Google's parent company Alphabet's stock performed well, soaring 9.14%, marking its best single-day performance since April 9 and reaching a historic high. Meanwhile, Apple Inc.'s stock also rose 3.8%, achieving its largest increase in nearly a month.

This surge in stock prices is mainly due to Google's judicial victory in the antitrust case. U.S. District Court Judge Amit Mehta rejected the most severe consequences proposed by the Department of Justice, including the breakup of the Chrome browser.

The judge ruled that Google can keep its Chrome browser, but it cannot enter into exclusive search agreements with partners and must share its search data. This outcome alleviates market concerns about the worst-case scenario of regulation and provides new momentum for the valuation recovery of tech giants.

What is GOOGLX? Interpretation of Tokenized Stocks

GOOGLX is a tokenized certificate for Alphabet (the parent company of Google) stock, which strictly tracks its price performance on Nasdaq. It is a financial innovation product based on Blockchain technology, with each GOOGLX token representing a 1:1 full actual stock collateral.

These underlying stocks are custodial by a Swiss licensed bank and undergo regular on-chain audits to ensure a 1:1 correspondence between tokens and stock reserves, eliminating the risk of excessive issuance. GOOGLX is issued under both ERC-20 and Solana SPL standards, combining the security of Ethereum with the high throughput capability of Solana.

Compared to traditional stocks, GOOGLX does not grant shareholders voting rights, and dividends are reflected indirectly through token value adjustments rather than direct cash dividends. As of September 4, 2025, according to Gate.io market data, the price of GOOGLX is approximately $203.76, with a trading volume exceeding $16.22 million in the past 24 hours.

#Gate xStocks Features and Advantages

Gate Exchange will be the first to launch the world's first tokenized stock spot and contract dual market in July 2025, becoming the preferred platform for operating xStocks. As of August, Gate has listed over 60 types of stock tokens, covering a diverse range of underlying assets from tech giants to ETFs, with an average daily trading volume exceeding 100 million USD.

The core advantages of the xStocks section include: 24/7 trading (breaking through traditional stock market time restrictions), fragmented investment (supporting a fractional share mechanism with a minimum purchase of $10), and on-chain free circulation (can be transferred to wallets or DeFi protocols for staking, lending, and other scenarios).

Gate's trading mechanism realizes physical asset anchoring, full collateralization, transparent transfers, and cross-chain support, significantly enhancing market liquidity and user interaction efficiency. The platform has also optimized the trading mechanism, matching engine, and price discovery functions based on the liquidity characteristics of tokenized US stock assets and the operational habits of crypto users.

Detailed Guide to Purchase GOOGLX

Before purchasing GOOGLX on the Gate platform, some preparation work is required. Visit Gate.com (non-restricted regions) to complete account registration and verification, and then deposit USDT into your Gate 【spot account】 (multi-chain deposits supported) as the base currency for the purchase.

The purchase process is divided into four steps:

  1. After logging into your Gate account, click on the top 【Trading】 → Select 【xStocks Spot Area】;
  2. Enter GOOGLX/USDT in the search box, or directly visit the GOOGLX page in the xStocks section;
  3. Place an order to buy (you can choose to execute a market order immediately at the best price, or set a limit order with the ideal buying price);
  4. Enter the purchase amount (minimum $10, fractional shares supported).

After the transaction is completed, users can view their GOOGLX balance and floating profit and loss on the 【Assets】 page. For advanced users, they can also participate in Gate's limited-time activities, trading xStocks for a chance to receive 100 USDT + 10 GT rewards.

In the xStocks contract market, users can also long/short GOOGLX with a maximum leverage of 10 times, but they need to pay attention to risk control.

Risks and Considerations of Investing in GOOGLX

Investing in GOOGLX has many advantages, but there are also some risks to be aware of. There is still uncertainty regarding regulation, as the SEC has not yet recognized the legality of tokenized stocks, and policies in Switzerland and Singapore are still evolving.

Currently, xStocks is deliberately not available in the United States and is only open to non-U.S. users. In terms of rights, holding GOOGLX does not grant voting rights from Alphabet Inc., and dividends are indirectly reflected through token value adjustments, without direct cash dividends.

Technical and liquidity risks also need to be considered, as extreme market conditions may result in a short-term price difference of 2%-5%. Some tokens have insufficient on-chain liquidity — 60% of xStocks' daily trading volume is concentrated in the top 6 assets.

The risks associated with platform dependence cannot be ignored, as asset security relies on the operational status of the Gate platform and the collaborating custodial institutions (such as Backed Finance). It is essential to choose a reputable trading platform.

Future Outlook

As of September 4, 2025, the price of GOOGLX on Gate is approximately $233.76, with a trading volume exceeding $1.66 million in the past 24 hours.

As xStocks' average daily trading volume exceeds 100 million USD, this integrated model is driving crypto finance from "fringe experimentation" to "institutional integration." In the future, as more traditional assets are tokenized and brought onto the blockchain, a seamless experience of "one wallet, investing globally" will become the standard configuration for the new generation of investors.

GOOGLX1.36%
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