xBTCxBTC price XBTC
Social Capital is capital for the people, capital controlled by the people, capital owned by the people. Their first product is xBTC.
xBTC incorporates two tools from traditional finance, hedging and indexing, and introduce them to the digital asset revolution.
xBTC introduces a brand new type of hedge, they have defined as a Dominance Hedge. More adaptive and responsive than a simple price hedge, instead of tracking price, it tracks how well Bitcoin keeps up with the breakneck pace of 'all other blockchain technologies'.