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.