Kraken, Backed Expand Tokenized Stocks Product to Tron

August 21, 2025

, By Cointelegraph

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On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance data-ct-non-breakable=”null” href=”https://cointelegraph.com/press-releases/kraken-and-backed-announce-strategic-collaboration-with-tron-dao-to-broaden-access-to-tokenized-equities” title=”null”>announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, is taking hold.

According to the announcement, Backed will deploy the stocks as TRC-20 tokens. Previously, Kraken and Backed launched xStocks data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/kraken-tokenized-us-stocks-international-clients-report” title=”null”>on Solana and BNB Chain. Debuted in late June 2025, xStocks has had more than $2.5 billion in combined DEX and CEX volume, according to a Kraken blog…

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Kraken, Backed Expand Tokenized Stocks Product to Tron

August 21, 2025

, Published By Cointelegraph

On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance data-ct-non-breakable=”null” href=”https://cointelegraph.com/press-releases/kraken-and-backed-announce-strategic-collaboration-with-tron-dao-to-broaden-access-to-tokenized-equities” title=”null”>announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, is taking hold.

According to the announcement, Backed will deploy the stocks as TRC-20 tokens. Previously, Kraken and Backed launched xStocks data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/kraken-tokenized-us-stocks-international-clients-report” title=”null”>on Solana and BNB Chain. Debuted in late June 2025, xStocks has had more than $2.5 billion in combined DEX and CEX volume, according to a Kraken blog…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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