Kraken and Trust Wallet Partner to Revolutionize the World of Tokenized Equities

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In an audacious move that has crypto enthusiasts and traditional finance types alike clutching their pearls, Kraken and Trust Wallet have teamed up to broaden access to fully collateralized xStocks, thus catapulting tokenized equities into the wild west of DeFi and retail. Ah, the sweet smell of disruption!

Kraken, that colossal titan of crypto exchanges, has cozied up to Trust Wallet-the self-custody wallet with more users than a middle school TikTok dance trend. Together, they’ve devised a plot to bring the magic of tokenized equities to the masses, using the mystical powers of Backed’s xStocks. Trust Wallet, in case you’ve been living under a rock, is the largest wallet for self-custody crypto in the world, and this collaboration will lure millions of new users into the heady world of tokenized equities. Lucky them! 😎

Trust Wallet and xStocks: A Match Made in Blockchain Heaven

Trust Wallet’s multi-chain platform, with its simplicity and ease, is the perfect setting for the seamless integration of xStocks. Soon, Trust Wallet users will be able to purchase 60 different types of xStocks, using fiat currencies from their local currencies. Oh, the convenience! And if you fancy a little cross-chain action, you can deposit and withdraw your xStocks on major exchanges like Kraken. Available on Solana, BNB Chain, TRON, and Ethereum, it’s like the Swiss Army knife of tokenized equities. 🔥

Oh, and did we mention that Backed will continue issuing xStocks as fully collateralized tokens? That’s right, folks-every single tokenized equity you buy will be 1:1 backed, as transparent as your favorite conspiracy theory. Trust Wallet’s easy interface is going to streamline the experience of getting into tokenized equities, making it super accessible for retail investors. Plus, it’s a gift to developers working in the DeFi and Web3 space. Win-win, anyone? 🎁

Related Reading: LBank Partners With xStocksFi for Tokenized US Stocks | Live Bitcoin News

Kraken’s co-CEO, Arjun Sethi, had some sage words on the subject. According to him, for xStocks to go mainstream, it needs to be integrated with other popular self-custody wallets like Trust Wallet. And why not? This partnership brings tokenized equities right into the hands of millions of users. It also means that, in addition to your precious tokenized equities, you can store all your other crypto treasures-stablecoins, DeFi tokens, the works. 🤑

xStocks Unleashes Its Power in the EU

Now, hold on to your hats because xStocks isn’t just expanding on Kraken-it’s going global. Over the past few weeks, the xStocks ecosystem has expanded to include BNB Chain, TRON, and Ethereum. And the latest coup? xStocks is now serving millions of customers in the European Union. Because who doesn’t love tokenized equities with a European twist? 🍷

As if that weren’t enough, Kraken has vowed to keep working with partners to bring xStocks to even more high-performance blockchains and popular consumer apps. The goal is clear: make tokenized equities accessible to more users, communities, and markets across the globe. Move over, traditional stocks; it’s time for something new and shiny. 🌍✨

And let’s not forget: Kraken’s blockchain-agnostic, multi-platform approach isn’t just some tech buzzword; it’s a fundamental value. Tokenized equities should be open, permissionless, and borderless-because who wants to be shackled by boundaries, right? Kraken’s mission is to make sure these equities go global, before they’re even ready to go global. Sounds like a plan! 🌐

In conclusion, this partnership between Kraken and Trust Wallet is a game-changer, a true milestone in the tokenized equity revolution. By combining Kraken’s expertise with the collateralized token magic of Backed, and the massive user base of Trust Wallet, it’s only a matter of time before tokenized equities become as common as your morning coffee. And isn’t that just what we all need? ☕🚀

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2025-09-20 05:12