We are delighted to announce the next major step in the growth of XSTOCKS – the industry’s gold stallion for tokenized actions. In partnership with Backed, Kraken collaborates with Trust Wallet to integrate XSTOCKS directly into one of the most used auto-custodia cryptoded portfolios, bringing interoperable tokenized actions to more than 200 million users worldwide.
Transparent access via the trust portfolio
The intuitive design of Trust Wallet, the multi-chain design and the world scope make it a natural platform so that Xstocks can integrate. Soon, Wallet Trust users will be able to transparently buy XSTOCK using a range of local Fiat currency. In addition, Wallet Trust users will be able to deposit and remove xstocks from popular crypto exchanges, including Kraken, through a wide range of blockchains, including Solana, BNB Chain, Tron and Ethereum.
As part of integration, support will continue to publish XSTOCKs as a fully guaranteed token and on the channel, maintaining strict support 1: 1 for each tokens equity that a trustee portfolio user buys. The friendly interface of Trust Wallet and the expansive ecosystem support guarantee that tokenized actions are easily accessible for retail investors and manufacturers who seek to integrate them into the DFI and web3 applications.
Conduct a mass adoption of token actions
Arjun Sethi, Kraken co-PDG: “For Xstocks to achieve real mass adoption, transparent integration with the most popular self-care portfolios in the world is vital. Bring XSTOCKS to trust the open and interoperable tokenized portfolios directly in the hands of millions of people, alongside crypto, stablescoines and defective assets they already use. ”
“It’s more than integration – it is a paradigm shift. We accelerate the transition to a future where global markets operate without borders, without barriers, and with the same opening and even accessibility as the Internet itself. ”
Eowyn Chen, CEO of Wallet Trust: “The Trust portfolio has always been to unlock access – not only for crypto, but for the future of global finance.
Adam Levi, sustained co-founder: “This is a monumental step in carrying out our vision of universal access. Like the norm for token actions, the XSTOCKS should be available for individuals through the blockchain they choose, and that more than 200 million users could access token actions via the Trust portfolio reaffirms its role of public good.”
Since the launch at the end of June, the XSTOCKs have already exceeded $ 4 billion in CEX and DEX combined volume, highlighting high market demand for this new asset class. Designed to meet users where they are, XSTOCKS offers a transparent, open and border -free route to acquire an exhibition to the US capital markets by tokenization.
What is the next step for Xstocks
The integration of Trust Wallet is the last important step in the rapid expansion of Xstocks beyond the Kraken platform. In recent weeks, the XSTOCKS have added users of the BNB, Tron and Ethereum chain, while we have also launched XSTOCKS for our millions of EU -based customers – unlocking a new wave of demand for this emerging asset class.
In the coming weeks, we will continue to work with partners to bring XSTOCKS to more efficient blockchains and more efficient consumption applications, ensuring that the tokenized actions to become more accessible to a wider community of users, communities and markets around the world.
Our multi-platform approach in blockchain and blockchain reflects a fundamental belief: token actions must be open, without permission, without border and accessible in each ecosystem. We will continue to conduct adoption until we succeed.
XSTOCKS are not available in the United States or for us. Geo restrictions apply.
