Trust Wallet Shatters Barriers: Tokenized Equities Now Accessible to 200M Users Through xStocks Integration

Wall Street meets crypto—without the velvet ropes.

Trust Wallet just flipped traditional finance on its head by integrating xStocks' tokenized equities platform, giving its 200 million users direct access to fractionalized stocks and ETFs. No more brokerage accounts, no more trading hours—just pure, borderless market access.

Democratizing finance or disrupting it? Maybe both.

The move effectively bypasses legacy financial infrastructure, letting users trade equities 24/7 directly from their self-custody wallets. Traditional brokers might want to check their relevance—and their fee structures.

Because nothing says 'financial revolution' like watching hedge fund traders sweat over a DeFi app.

A step toward mainstream tokenization

Per the announcement, Trust Wallet users will be able to deposit and withdraw their xStocks assets to and from major crypto exchanges, with Kraken named as a primary liquidity hub.

This fluid movement across centralized and decentralized environments is a critical feature, mitigating the risk of assets being siloed and ensuring users can access DEEP markets for their tokenized equities.

As part of the integration, Backed Finance will continue issuing all xStocks as fully collateralized tokens on-chain. This ensures a strict 1:1 backing for every tokenized share, so the digital asset in a user’s self-custody wallet has a real-world asset held in reserve.

The companies involved frame this as more than an incremental feature. For Kraken co-CEO Arjun Sethi, embedding tokenized stocks inside a mainstream self-custody wallet helps push the asset class closer to real-world adoption, making traditional equities accessible without relying on brokers or custodians.

Trust Wallet CEO Eowyn Chen echoed that view, saying, “By integrating xStocks, we’re bridging the gap between Web3 and traditional markets in a way that’s intuitive, borderless and user-first. This collaboration brings tokenized equities directly into the hands of millions, no brokerage account needed.”

Since launching in June, xStocks has amassed over $4 billion in combined trading volume across centralized and decentralized exchanges, underscoring strong demand for transparent and accessible pathways to U.S. capital markets.