MultiversX Tracker is Live!

Kraken Integrates 60 xStocks with Trust Wallet for Tokenized Equities

Finance Magnates

Cryptocoins News / Finance Magnates 98 Views

Kraken has announced a partnership with Trust Wallet to integrate xStocks, its tokenized equities product, into the self-custody wallet. The integration will allow Trust Wallet users to buy 60 different xStocks using multiple fiat currencies and transfer them across blockchains including Solana, BNB Chain, TRON, and Ethereum.

In parallel, other exchanges and brokers are advancing tokenized equities: Coinbase is seeking U.S. Securities and Exchange Commission approval to offer blockchain-based trading of traditional stocks, while Robinhood has launched tokenized versions of major U.S. equities for European usersunder EU regulatory oversight.

xStocks Now Accessible via Trust Wallet Across Blockchains

Backed will continue issuing xStocks as fully collateralized tokens, maintaining a 1:1 backing for each equity. Since their launch in June, xStocks have reached over $4 billion in combined exchange volume. The integration with Trust Wallet aims to broaden access to U.S. capital markets through tokenization.

Digital assets meet tradfi in London at the fmls25

“Bringing xStocks to Trust Wallet places open and interoperable tokenized equities directly into the hands of millions, alongside the crypto, stablecoins and DeFi assets they already use every day,” Arjun Sethi, Kraken co-CEO, commented.

Kraken, Circle Enable EU-Wide USDC and EURC Access

Kraken has partnered with a Circle affiliate to expand access to USDC and EURC on its platform, aiming to support on-chain financial applications. The collaboration seeks to increase stablecoin liquidity, reduce conversion fees, and provide euro-denominated EURC to users.

Demand for stablecoins has grown steadily, aided by regulatory clarity and market confidence. Circle, registered as an electronic money institution in France, becomes the first global stablecoin issuer to comply with EU MiCA rules, offering minting and redemption services across the EU.

This article was written by Tareq Sikder at www.financemagnates.com.
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments