- Over 60 tokenized stocks now tradable on Kraken, Bybit, and Solana DeFi protocols.
- Backed Finance launches xStocks with real-share backing and 24/7 trading.
- Integration with Solana unlocks DeFi utilities like swaps, liquidity, and staking.
A new era of financial innovation has arrived as tokenized stocks—digital assets backed one-to-one by traditional equity shares—are now accessible on major crypto exchanges Kraken and Bybit, along with Solana’s decentralized finance (DeFi) platforms.
What sets this offering apart is its deep integration into the Solana blockchain ecosystem. With protocols like Kamino, Raydium, and Jupiter now supporting xStocks, users can do much more than trade—they can stake, swap, or provide liquidity using tokenized equities.
From Wall Street to Solana: Tokenized Stocks Redefine Global Trading Access
The xStocks initiative offers over 60 high-demand equities, spanning blue-chip corporations and crypto-linked firms. Investors can gain exposure to companies like Nvidia, McDonald’s, and Coinbase without needing a traditional brokerage account. With tokenized assets backed by actual shares, the line between digital tokens and real-world assets is becoming increasingly blurred.
Bybit’s inclusion of xStocks on both its TradFi and Byreal platforms signals a push toward hybrid trading experiences. The exchange also touts near-instant on-chain settlement and aims to support dividend distributions in future iterations. This adds layers of realism and financial fidelity to blockchain-based asset trading.
On the decentralized side, Solana protocols offer expanded functionality. Users can contribute their tokenized stocks to liquidity pools on Raydium, perform atomic swaps via Jupiter, or optimize yield strategies on Kamino. These integrations turn passive stock holdings into active components of the broader DeFi economy, generating utility beyond price speculation.
Security and compliance remain top priorities. Kraken and Bybit emphasize robust backing of each token with actual equity shares, and Bybit’s MiFID II compliance helps establish trust with European regulators. The seamless blend of decentralization, transparency, and legal alignment may inspire other exchanges to follow suit, pushing tokenized assets further into mainstream finance.
The arrival of tokenized stocks on centralized and decentralized platforms signals a turning point in finance, merging traditional equity with the agility of blockchain.
“The future of finance will be decentralized, transparent, and borderless.” – Anonymous blockchain pioneer
