Solana Fuels New Era of Tokenized Stock Trading

Kraken launches xStocks, offering tokenized U.S. equities like Apple and Tesla to non-U.S. investors via the Solana blockchain.

Kraken launched xStocks, enabling users outside the U.S. to trade over 60 tokenized shares via Solana blockchain using SPL tokens, expanding DeFi collateral use cases. Operating 24/5, the service bypasses traditional market restrictions, applying Swiss regulations for legal compliance.

Backed launches xStocks, tokenizing equities on Solana, democratizing investment with enhanced accessibility. Solana protocols like Kamino, Raydium, and Jupiter integrate xStocks, enabling collateral usage and liquidity provision. This accelerates DeFi's merge with traditional finance, offering unprecedented global financial access.

More than 60 tokenized stocks are available on Solana-based DeFi platforms, providing exposure to traditional stocks through blockchain with focus on blue-chip and crypto firms, as announced by Backed Finance with the launch of their tokenized stocks product, xStocks.

Tokenized stocks are now accessible on Solana-based DeFi platforms, with integration into protocols like Kamino, Raydium, and Jupyter. Users can leverage these stocks for liquidity and trading, enhancing Solana's DeFi ecosystem with traditional stock exposure through blockchain technology.

Backed Finance launches xStocks on Solana, tokenizing U.S. stocks like Apple and Tesla for 24/7 trading. Solana's speed and low fees enhance trading efficiency and offer DeFi lending options. Compliance with EU regulations ensures transparency and global investor access.

Backed Finance launches tokenized stock offering on Solana-based DeFi protocols, integrating equities such as Apple, Amazon, and Microsoft into DeFi apps Kamino Swap, Raydium, and Jupiter, enhancing accessibility and bridging traditional finance with blockchain technology.