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Kraken and Backed Plan to Extend xStocks to BNB Chain

ChainCatcherJul 9, 2025

According to The Block, Kraken and Backed are extending xStocks support to $BNB Chain, allowing users to trade tokenized U.S. stocks as BEP-20 tokens. The two institutions stated that there is a growing community demand for on-chain composable stock markets, and it is expected that in the coming weeks, eligible non-U.S. Kraken customers will be able to access related services through $BNB Chain. [ChainCatcher]

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Kraken and Backed Plan to Extend xStocks to BNB Chain

ChainCatcherJul 9, 2025

According to The Block, Kraken and Backed are extending xStocks support to BNB Chain, allowing users to trade tokenized U.S. stocks as BEP-20 tokens. The two institutions stated that there is a growing community demand for on-chain composable stock markets, and it is expected that in the coming weeks, eligible non-U.S. Kraken customers will be able to access related services through BNB Chain. [ChainCatcher]

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