Kraken has partnered with Binance Chain to bring tokenized U.S. stocks, called xStocks, to the BNB network, enabling users to trade equities on-chain.
This move signifies a push towards multichain integration of real-world assets, allowing more flexibility for users.
Binance Chain, alongside Solana, will support these tokenized equities, with xStocks being tradable on PancakeSwap and usable across the BNB ecosystem for trading, lending, and yield generation.
Kraken's co-CEO views the demand for xStocks as a sign of the evolving capital markets towards a multichain and composable model, offering a structural upgrade to traditional finance operations.