Crypto exchanges Kraken and Bybit have made Backed Finance’s tokenized stock offering xStocks live on Monday. It is a milestone to bridge crypto and traditional finance, enabling on-chain trading of US stocks such as Coinbase, Nvidia, Google, and others.
XStocks Goes Live on Kraken Crypto Exchange
In an X post on June 30, Kraken announced that xStocks are now live on the crypto exchange. Speaking about the milestone, Kraken said,
“Wall Street is officially onchain. We’re not waiting for the future. We’re building it.”
In May, Kraken announced a plan to offer tokenized versions of more than 60 stocks and ETFs — including Apple, Tesla, Nvidia and SPDR S&P 500 ETF (SPY).
The exchange to use Backed’s new xStocks to offer tokenized stocks on the Solana blockchain in jurisdictions outside the United States.
Tokenized stocks are digital versions of regular company shares. Rather than holding ordinary stock, investors would hold virtual tokens representing co
We współpracy z: https://www.thecoinrepublic.com/2025/06/30/kraken-bybit-launch-tokenized-coinbase-nvidia-stocks-on-solana/
