Tron (TRX) Ecosystem Expands as XStocks Surpasses $10B in Tokenized Stock Volume
Kraken's tokenized equity platform XStocks, developed in partnership with Backed, has achieved a monumental milestone by surpassing $10 billion in total transaction volume within just 135 days of its public launch. This rapid growth underscores the increasing demand for blockchain-based exposure to traditional equities. The platform, which operates across multiple blockchains including TRON (TRX), Ethereum, Solana, and BNB Chain, offers 1:1 pegged tokens for over 60 major stocks and ETFs such as Nvidia, Amazon, Tesla, and Meta. This development highlights the expanding utility of the Tron network in the tokenized assets space, further solidifying its role in the convergence of traditional finance and decentralized technologies. As of November 2025, XStocks' success signals strong institutional and retail interest in hybrid financial products, with Tron's inclusion among supported blockchains demonstrating its scalability for high-value asset tokenization.
Kraken's Tokenized Stock Platform XStocks Hits $10 Billion Milestone
XStocks, a tokenized equity platform developed by Backed in partnership with Kraken, has surpassed $10 billion in total transaction volume within just 135 days of its public launch. The platform offers exposure to over 60 major stocks and ETFs—including Nvidia, Amazon, Tesla, and Meta—through blockchain-based tokens pegged 1:1 to underlying assets.
Operating across Ethereum, Solana, BNB Chain, and Tron, XStocks has attracted 45,000 onchain holders and manages $135 million in assets. Its rapid growth underscores rising demand for tokenized traditional assets, though regulatory ambiguity persists as tokens represent synthetic exposure rather than direct ownership.
The platform's cross-chain interoperability and global accessibility—serving users in 160+ countries—position it at the forefront of the real-world asset (RWA) tokenization trend. Nearly $2 billion in onchain transactions highlights deepening integration between crypto markets and conventional equities.
Dubai Court Freezes $456M Linked to Justin Sun’s TrueUSD Bailout
Dubai’s Digital Economy Court has issued a global freeze on $456 million tied to TRON founder Justin Sun’s bailout of TrueUSD issuer Techteryx. The funds, meant to back the stablecoin’s reserves, were allegedly diverted into private ventures by Aria Commodities DMCC, a Dubai-based firm.
Justice Michael Black KC found "serious issues to be tried" and ordered the freeze to prevent further asset movements. The case marks the court’s first global freezing order, highlighting the escalating scrutiny over stablecoin reserves and their management.
Techteryx claims the missing reserves were transferred through Hong Kong-based First Digital Trust Limited and Legacy Trust, both overseen by financier Vincent Chok, before landing in accounts controlled by Matthew William Brittain’s Aria Commodities.
7 Best New Cryptos for Big ROI in 2025: LivLive Leads with 200% Presale Boost
LivLive ($LIVE) is emerging as a standout in the crypto space with its innovative live-to-earn model, merging wearable technology and blockchain to reward physical activity. The project's presale, offering a 200% boost with bonus codes, has drawn significant attention, with early investors positioning for a potential 1,150% ROI as the token targets a $0.25 listing price.
Beyond LivLive, established players like Tron (TRX), Bitcoin Cash (BCH), Avalanche (AVAX), Cardano (ADA), Litecoin (LTC), and Toncoin (TON) are also gaining traction. These tokens represent a shift toward utility-driven investments, combining scalability, usability, and profit potential as the market matures into 2025.
