Kraken and Backed Expand xStocks Trading to BNB Chain

Kraken and Backed are set to expand their xStocks trading support to the BNB Chain, allowing users to trade tokenized U.S. stocks as BEP-20 tokens. This move addresses the increasing demand for on-chain composable stock markets. In the coming weeks, eligible non-U.S. Kraken customers will be able to deposit and withdraw xStocks via BNB Chain and Solana on the centralized exchange platform.

BNB +3.30%

SOL +4.85%

Source: Show Original

Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

You may also like