Kraken and Backed Finance Revolutionize Trading with xStocks Launch on Tron
Wall Street meets blockchain as two finance heavyweights drop a game-changing integration.
Tokenized Real-World Assets Hit Tron
Kraken's infrastructure collides with Backed Finance's tokenization tech—bringing traditional stocks directly onto the TRX network. No middlemen, no traditional brokerage delays. Just instant exposure to equity markets through DeFi rails.
Why This Shakes Up Crypto Trading
Traders now access synthetic stock positions without leaving the crypto ecosystem. The move bypasses regulatory hurdles that typically plague cross-asset platforms—while offering 24/7 trading against major equities. It's the convergence purists predicted but Wall Street never saw coming.
Finance traditionalists will call it reckless. Innovators call it inevitable. Either way, another brick just fell from the legacy finance wall—and frankly, their 9-to-5 trading hours were getting boring anyway.
TRON offers speed, scale, and global access
TRON is no stranger to traffic. It already dominates global stablecoin transfers, which it processes daily in the billions. Today, tron is in the top five blockchains according to total value locked, including over USD 6 billion on its network.
This scale and efficiency made the high-volume blockchain an obvious choice for an xStocks app. The founder of TRON, Justin Sun, said the integration WOULD help make finance more inclusive:
“Tokenized equities represent a natural evolution for crypto, bridging traditional markets with blockchain. As demand for popular equities meets a global base of previously excluded users, we’ll see a more efficient, flexible, and accessible market.”
Adam Levi, co-founder of Backed Finance, said the MOVE aligned with the main strength of high-volume blockchain. He explained that TRON users were already transferring millions in stablecoins at very low cost, and the next step was to extend that use case to tokenized equities. According to him, this shift would allow people worldwide to access traditional markets with the same ease as sending digital dollars.
Kraken seizes a global market opportunity
The integration of TRON by Kraken is part of its broader goal of replatforming Wall Street on the blockchain. The company already has customers in more than 140 countries. More locations will be rolled out over the coming weeks, providing access to tokenized stocks for an even larger user base.
It’s a simple idea: Let people trade stocks the way the internet lives — boundaryless, permissionless, and interoperable for every chain. With multichain yStake, Kraken is knocking down similar walls that have all too often made traditional markets off limits to all.
That often represents their first chance to have exposure to US stocks. That could be life-changing in places where savers have limited or costly access to a traditional brokerage account.
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