menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

Backed Fin...
source image

TronWeekly

1w

read

215

img
dot

Image Credit: TronWeekly

Backed Finance Launches 60 Tokenized Stocks on Kraken, Bybit, and Solana DeFi

  • Backed Finance has launched xStocks, a platform with over 60 tokenized stocks and ETFs available for trading on Kraken, Bybit, and Solana DeFi.
  • Major companies like Apple, Microsoft, and Tesla now offer tradable stocks on blockchain networks, allowing 24/7 trading and easy integration with decentralized and centralized exchanges.
  • The tokens are backed by real shares, comply with EU regulations, offer near-instant settlement, and support for dividend payouts is being evaluated.
  • The integration of xStocks with platforms like Kraken, Bybit, Solana DeFi, and Phantom wallet showcases the growing trend of tokenizing real-world assets in the crypto space, expanding user access and market reach.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app