Kraken and Backed expand xStocks to the TRON Blockchain. This strategic move, announced on August 21, 2025, allows users to trade tokenized versions of popular US stocks like Nvidia and Tesla directly on one of the most efficient blockchains available.
By integrating xStocks as TRC-20 tokens, this expansion promises to democratize investment opportunities, making Wall Street accessible to a global audience without the usual barriers of geography or regulation.
The partnership between Kraken, a leading crypto exchange, and Backed Finance, a specialist in asset tokenization, is not new. However, extending xStocks to the TRON Blockchain marks their third blockchain integration in under two months, signaling a rapid push into real-world assets (RWAs).
xStocks, which has already surpassed $500 million in on-chain trading volume, enables users to hold fractional shares of blue-chip companies backed 1:1 by real equities held in custody. Now, with Kraken and Backed expanding xStocks to the TRON Blockchain, traders can leverage TRON’s high-throughput network for seamless, low-cost transactions.
Kraken and Backed Expand xStocks
At its core, this expansion is about bridging the gap between crypto enthusiasts and traditional stock markets. Backed Finance will deploy the tokenized stocks on TRON, utilizing the TRC-20 standard for compatibility with wallets and DeFi protocols. This means users can deposit and withdraw xStocks directly via the TRON network in the coming weeks, enhancing liquidity and usability.
TRON, founded by Justin Sun in 2017, has built a reputation for handling massive transaction volumes, think trillions in USDT transfers, with minimal fees and rapid speeds.
As Arjun Sethi, CEO of Backed Finance, stated, “xStocks’ expansion to TRON is a natural step, aligning the blockchain’s dominance in stablecoin transfers with tokenized equities.” This integration taps into TRON’s ecosystem of over 250 million users, positioning it as a hub for tokenized assets amid growing demand for RWAs.
Kraken and Backed expand xStocks to the TRON at a time when regulatory clarity is improving in regions like the EU, and interest in tokenized securities is surging.
Key Advantages of Kraken and Backed Expand xStocks to TRON Blockchain
To highlight why this matters, here are the primary benefits for users and the broader market:
- Enhanced Accessibility: Non-US residents, who often face hurdles in traditional stock trading, can now invest in US equities through a simple crypto wallet on the TRON Blockchain, bypassing complex KYC for basic access.
- Cost Savings: TRON’s low transaction fees, often less than a cent, make it economical for frequent trades, contrasting sharply with high brokerage commissions in legacy systems.
- Speed and Efficiency: With the ability to process up to 2,000 transactions per second, the TRON Blockchain ensures near-instant settlements, enabling 24/7 trading without delays.
- Security Features: Each xStock token is fully backed and auditable on-chain, with TRON’s delegated proof-of-stake mechanism adding robustness against network issues.
- DeFi Synergies: Users can integrate tokenized stocks into TRON’s vibrant DeFi ecosystem, potentially earning yields while holding equity positions.
These elements combine to make Kraken and Backed’s expansion of xStocks to the TRON Blockchain a pivotal moment in crypto-finance fusion.
Looking Ahead: Implications for the Industry
This development underscores the maturing role of blockchains in mainstream finance. As tokenized assets are projected to reach trillions in market value by 2030, integrations like this could accelerate adoption.
Kraken and Backed expanding xStocks to the TRON Blockchain isn’t just an upgrade; it’s a blueprint for a more inclusive financial future. As more chains follow suit, the lines between crypto and stocks continue to blur.
For deeper dives into blockchain expansions like Kraken and Backed expanding xStocks to the TRON Blockchain, follow our blog at MevX.
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