Meta xStock on TON

Meta (META), the second-largest advertising business in the world after Google, earning almost all of its money from ads on Facebook and Instagram, sold by auction and aimed using the data those apps collect. It bought Instagram in 2012 and WhatsApp in 2014, when neither made money. Reality Labs, which builds the Quest headsets, runs at a loss the ad business covers. METAx is a tokenised tracker certificate from Backed Assets (JE) Limited, following the META share price on-chain.