Bitprismia

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi

2025-07-01 09:45:47

Main Idea

Backed Finance has launched xStocks, a platform offering over 60 tokenized stocks, now available on Bybit, Kraken, and Solana DeFi, enabling users to trade equities like Apple and Amazon on blockchain.

Key Points

1. xStocks provides over 60 tokenized stocks, including major companies like Apple, Amazon, and Microsoft.

2. The platform is live on Bybit, Kraken, and Solana DeFi, offering global accessibility and 24/7 trading.

3. Bybit has integrated xStocks into its trading interface, facilitating access to tokenized assets.

4. The initiative aims to enhance the investment experience by leveraging blockchain technology for equity trading.

Description

Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment. The

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