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Kraken and Backed Expand xStocks Support to BNB Chain

ForesightNewsJul 9, 2025

According to CoinDesk, Kraken and tokenized stock issuance platform Backed have announced a strategic partnership with $BNB Chain. In the coming weeks, Kraken will allow eligible customers to deposit and withdraw xStocks on its platform via $BNB Chain. As part of the collaboration, Backed will deploy xStocks on $BNB Chain in the form of BEP-20 tokens, enabling users to seamlessly access tokenized U.S. stocks and ETF assets, including AAPLx, TSLAx, SPYx, and NVDAx. [Foresight News]

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Kraken and Backed Expand xStocks Support to BNB Chain

ForesightNewsJul 9, 2025

According to CoinDesk, Kraken and tokenized stock issuance platform Backed have announced a strategic partnership with BNB Chain. In the coming weeks, Kraken will allow eligible customers to deposit and withdraw xStocks on its platform via BNB Chain. As part of the collaboration, Backed will deploy xStocks on BNB Chain in the form of BEP-20 tokens, enabling users to seamlessly access tokenized U.S. stocks and ETF assets, including AAPLx, TSLAx, SPYx, and NVDAx. [Foresight News]

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