The tokenized stock product service "xStocks" officially launched today, enabling investors to trade tokenized shares of major companies 24/7 on the blockchain.
xStocks are going LIVE
Available today on Kraken, Bybit, and rolling out on Solana, this marks the next step for internet capital markets.
Real assets, real value, for real people.
— xStocks (@xStocksFi)
Over 60 Tokenized Stocks Now Available
xStocks, developed by Backed, offers tokenized versions of equities from top tech companies like Apple (AAPLX), Amazon (AMZNX), Microsoft, NVIDIA (NVDAX), Tesla (TSLAX), Meta (METAX), and Google (GOOGLX), alongside crypto-related stocks such as Coinbase (COINX), Circle (CRCLX), and MicroStrategy (MSTRX).
Launch on Major Exchanges and DeFi Platforms
Bybit has joined the xStocks alliance, listing trading pairs in phases:
| Date | Trading Pairs |
|---|---|
| June 30 | COINX/USDT, NVDAX/USDT |
| July 1 | CRCLX/USDT, AAPLX/USDT |
| July 2 | HOODX/USDT, METAX/USDT |
| July 3 | GOOGLX/USDT, AMZNX/USDT |
| July 7 | TSLAX/USDT, MCDX/USDT |
All pairs support SOL network deposits/withdrawals and Spot Grid Bots trading.
👉 Explore tokenized stocks on Solana
Kraken and Solana Ecosystem Integration
Kraken will list xStocks in 190+ countries, while Solana-based platforms like Kamino, Raydium, and Jupiter enable decentralized trading.
Current Liquidity Pools (Key Pairs):
- TSLAx–USDC: $642,229
- NVDAx–USDC: $889,464
- CRCLx–USDC: $613,403
- AAPLx–USDC: $4,701
Note: Raydium pools currently lack sufficient liquidity for large-scale DEX trades.
FAQs
1. What are tokenized stocks?
Tokenized stocks are blockchain-based representations of traditional equities, enabling fractional ownership and 24/7 trading.
2. Which companies’ stocks are available?
Apple, Amazon, Tesla, NVIDIA, and 60+ others, including crypto firms like Coinbase.
3. How do I trade xStocks?
Via supported exchanges (Kraken, Bybit) or Solana DeFi platforms (Kamino, Raydium).
👉 Start trading tokenized assets today
4. Are tokenized stocks regulated?
Backed ensures compliance by holding underlying assets with licensed custodians.
This launch bridges traditional equities with blockchain innovation, with further adoption by financial institutions and investor response being key watchpoints.
### Key Features:
- **SEO-Optimized**: Keywords like "tokenized stocks," "Solana," and "xStocks" naturally integrated.