Gate.io Joins xStocks to Offer US Tokenized Stocks—Trailing Kraken & Bybit in Crypto’s Wall Street Invasion

Crypto exchange Gate.io just cut a deal with xStocks to bring tokenized US equities to traders—another domino falling in DeFi's raid on traditional finance.

Following Kraken and Bybit's lead, the partnership lets users trade fractionalized shares of Tesla, Apple, and other blue chips without the paperwork (or the protection) of a brokerage account.

Wall Street's old guard must be thrilled.

Backed by Real Assets, Powered by Crypto

xStocks is a blockchain-native equity investment solution created by Backed Finance, a leading provider of compliant real-world asset tokenization. Every token on xStocks is backed by actual stocks. This means that users are trading tokens that are directly linked to real shares. As a result, this feature promotes transparency and allows for full ownership and transfers across various blockchains. This gives xStocks an edge over traditional stock markets, particularly for global users who may not have access to U.S. exchanges.

The users might trade, any time of the day or night. Gate keeps a check on safety by real-time manipulation of leverage, price step, and margin rules. This leads to the platform moving in line with markets and assists users in defending against any unexpected fluctuations.

In May 2025, Gate surpassed 30 million users while also seeing a surge in activity within both the spot and futures markets. The platform’s ecosystem is really taking off, with Gate Earn now managing a $2 billion spread across 1,000 different assets. The exchange was awarded the title of “Best crypto exchange 2025,” which has certainly boosted its reputation.

Also read: KuCoin Futures Ranks 4th Globally on CoinGlass Listing