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Image Credit: Kraken

Kraken and Backed deepen xStocks reach with BNB Chain integration

  • Kraken and Backed are partnering with BNB Chain to expand the reach of xStocks in the blockchain ecosystem.
  • Users will soon be able to deposit and withdraw xStocks via the BNB Chain, offering access to tokenized U.S. equities like AAPLx and TSLAx.
  • Backed will deploy xStocks as BEP-20 tokens on BNB Chain, leveraging its high performance and large user community to democratize investing.
  • The collaboration aims to make tokenized equities globally accessible, programmable, and interoperable, marking a significant milestone in the digital asset landscape.

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