xStocks
Bybit and Kraken Add xStocks SpaceX Tokenized Equity as Pre-IPO Derivatives Race Reaches Four Venues
Bybit and Kraken both launched 1:1 equity-backed SpaceX exposure via xStocks, joining Coinbase International and BitMEX in a four-venue race that now splits between synthetic perpetuals and regulated tokenized equity issued by Backed Assets (JE) Limited.
Nasdaq Taps Kraken as Settlement Layer for Tokenized Stock Initiative
Nasdaq revealed its new equity token design, emphasizing issuer control and bridging traditional financial markets with decentralized blockchain networks.
Kraken's xStocks Launches Unified Liquidity Layer for Tokenized Stocks
The new platform, xChange, enables cross-chain trading of over 70 tokenized stocks across Ethereum and Solana.
Kraken Acquires Backed Finance
The centralized exchange is set to step further into the real-world asset space.
Kraken’s xStocks Hit $10B in Total Trading Volume
The tokenized stock platform supports Ethereum and other networks, but the majority of capital is concentrated on Solana.
Kraken, Backed Expand Tokenized US Stocks to Ethereum via xStocks
The move brings 24/7 trading of equities and ETFs to DeFi’s largest blockchain.
xStocks Surpasses $500 Million in Onchain Volume, but Experts Call Milestone Purely Symbolic
The tokenized U.S. equities platform is growing rapidly outside the U.S., yet trading volumes remain modest compared with other financial markets.
