xStocks Expands Tokenized Equities Access in Latin America Through Bitso Integration

xStocks is expanding across Latin America through a new integration with Bitso, one of the region’s leading digital financial platforms. Users can now access tokenized U.S. equities directly from the Bitso app.

This launch follows a familiar pattern in the region. Stablecoins unlocked access to dollars for millions across Latin America. xStocks builds on that demand — bringing the same accessibility to global equity markets.

Access Through Familiar Platforms

For many millions of investors across Latin America, investing in U.S. stocks has traditionally meant navigating complex workflows, restrictions, and limited market hours. With xStocks integrated into Bitso, that friction disappears.

“Wall Street shouldn’t be limited by geography. With xStocks, we’re turning capital markets into global, programmable onchain markets. Our latest integration with Bitso unlocks access and utility for millions of LATAM users, bringing global markets directly into their hands, instantly and without friction,” said Val Gui, xStocks General Manager.

"Argentina has one of the most financially sophisticated populations in Latin America, and yet access to the price of the world's leading global companies has always been reserved for a few. With xStocks, any Bitso user can gain price exposure to Apple, NVIDIA, or Tesla in seconds, using the digital dollars already in their account. No extra paperwork, starting from 5 dollars, and with no market hours.," said Julián Colombo, Bitso's General Manager for South America.

Users can gain onchain exposure to companies like Apple, NVIDIA, and Tesla using the digital dollars they already hold, within the same app they already use. Positions start from as little as $5, with seamless execution and settlement in USDC or USDT.

At launch, 10 xStocks will be available in the BitSo for clients to trade, including: AAPLx, AMZNx, GOOGLx, METAx, MSFTx, NFLXx, NVDAx, QQQx, SPYx, and TSLAx. Most of these assets already trade 24/7, with the remainder on extended hours and moving toward full-time availability.

This shift is simple but powerful: global markets, accessible anytime.

Expanding Where Demand Is Strongest

Latin America has been one of the clearest examples of real-world crypto adoption, driven by demand for more open financial access. xStocks extends this trajectory.

By embedding tokenized equities into platforms like Bitso, xStocks doesn't ask users to change behavior — it upgrades what access looks like. Equities become digital, programmable, and globally available.

More regions, more platforms, same direction: bringing capital markets onchain, and making them accessible by default.

xStocks are issued by Backed Assets (JE) Limited (a Jersey private limited company) and offered to eligible Kraken customers via Payward Digital Solutions Ltd. (“PDSL”), a company licensed to conduct digital asset business by the Bermuda Monetary Authority. In the European Union / European Economic Area, xStocks are offered to eligible customers via Payward Europe Digital Solutions (CY) Ltd. (“PEDLS-CY”), a Cyprus investment firm authorized and regulated under EU MiFID II. xStocks are not registered under the U.S. Securities Act and are not available in the United States or to U.S. persons. xStocks are also not currently available in the United Kingdom or in any other jurisdiction where their offer or distribution would be unlawful or would require regulatory authorization that has not been obtained. Neither PDSL, Payward Europe Digital Solutions (CY) Ltd. (“PEDLS-CY”), nor their respective affiliates provide investment advice or recommendations, PDSL (Kraken) does not provide investment advice and/or recommendations, and no communication, through any Kraken App or website or otherwise, should be construed as such. Individual investors should make their own decisions or seek professional independent advice if they are unsure as to the suitability / appropriateness of any investment for their circumstances or needs, including potential tax treatment. Investing in xStocks involves an element of risk. The value of an investment may go down as well as up, and past performance is not a reliable indicator of future results. Geo restrictions apply. Read Kraken’s xStocks Risk Disclosure at kraken.com/legal/xstocks as well as the Base Prospectus and related Final Terms for xStocks at https://assets.backed.fi/legal-documentation to learn more.