We are proud to announce the next stage of the global expansion of XSTOCKS, the standard of industry for token actions. In partnership with support, Kraken collaborates with the Dao Tron to integrate XSTOCKS into the Blockchain Tron, opening new opportunities for the exhibition to token actions in one of the most active and scalable blockchain ecosystems in the world.
The high speed of Tron, the low -cost infrastructure and the global imprint make it a natural adjustment for the next phase of the evolution of XSTOCKS. In the coming weeks, Kraken eligible customers will be able to deposit and remove XSTOCKS directly via the TRON network, improve accessibility and optionality for merchants and investors worldwide.
Collaboration with SUTTÉTE and DAO TRON
As part of the integration, Backed will deploy XSTOCKS on Tron in the form of TRC-20 tokens, maintaining the complete 1: 1 support for each token active ingredient on the Kraken platform. The Dao Tron will also work in close collaboration with ecosystem partners to more widely integrate the XSTOCKS, allowing tokenized actions to reach an audience and a broader ecosystem of manufacturers and users.
Arjun Sethi, Kraken co-PDG: “The expansion of the XSTOCKs with three blockchains in less than 60 days shows what is possible when you design for the opening from the start. The Tron scale, low costs and world scope make it a strong add to our multi-chain architecture for token actions. Each XSTOCK is fully collateralized, at the head and verifiable in real time. through ecosystems. »»
“This collaboration underlines how the decentralized Tron network can bring token actions in a more open, transparent and accessible environment,” said Justin Sun, founder of Tron. “Tokenized actions represent a natural evolution of cryptography, punching on traditional markets with blockchain. As the demand for popular actions responds to a global user base previously excluded, we will see a more efficient, flexible and accessible market. ”
Adam Levi, sustained co-founder: “The expansion of Xstocks to Tron is a natural step, aligning the domination of the blockchain in stablecoin transfers with tokenized actions, the next major case of the crypto. Millions of people worldwide are already using US dollars at low cost of Tron.
Lead global access to capital markets
The extension of XSTOCKS support to the Blockchain Tron is the continuation of our mission to provide traditional actions on the chain and extend access to capital markets for communities around the world. XSTOCKS are currently available for Kraken customers in more than 140 countries, with support for additional countries in the coming weeks.
Since the creation, XSTOCKS has been designed to meet users where they are, offering a transparent, open and borderline route to the American capital markets. Launched at the end of June, XSTOCKS has already exceeded $ 2.5 billion in CEX and DEX combined volume, highlighting market appetite for this new asset class and a powerful indicator of its long -term growth.
Ahead
Integration with Tron marks another important step in the growth of XSTOCKS and is based on the momentum from recent announcements involving the BNB channel, as well as our initial launch with Solana, the launch partner of the Kraken Blockchain for XSTOCKS.
Our multi-chain strategy reflects a fundamental belief: token actions must be opened, without authorization and interoperable between ecosystems, giving users the freedom to access the markets of the channels in which they trust.
In the coming weeks, we will continue to work with Saperded to bring Xstocks to additional high performance blockchains, expanding access to Kraken customers around the world.
XSTOCKS are not available in the United States or for us. Geo restrictions apply.
