HKDX is a tokenized stablecoin — a cryptoasset linked to a traditional fiat currency — in this case, to the Hong Kong dollar (HKDX), which can now be traded on eToroX Exchange. The price of the HKDX is linked to the Hong Kong dollar on a 1:1 value basis, so if you trade HKDX on eToroX, it is the same as trading fiat Hong Kong dollars.