xStocks Launches on BNB Chain
Bringing tokenized stocks to one of the world’s largest blockchain ecosystems as xStocks scales multichain capital markets.
The expansion of onchain capital markets depends on a single principle: meet users where they are. Deploy on the chains they trust, integrate with exchanges and platforms they use , and unlock access without fragmentation.
Today, xStocks takes another step toward that vision.
xStocks are now live on BNB Chain, one of the largest and most active blockchain ecosystems globally, bringing tokenized U.S. equities to millions of new users through fast, low-cost infrastructure.
With this deployment, over 50 xStocks are now accessible on BNB Chain, with more than 100 tokenized stocks and ETFs to be available in the coming weeks. This marks the beginning of a broader rollout, expanding access to global capital markets through seamless, onchain infrastructure.
xStocks are already live across leading decentralized exchanges on BNB Chain, including PancakeSwap and CowSwap, with further integrations such as 1inch coming soon. Trades can be executed for up to $1 million in top xStocks, directly with USDC through the xChange engine. Beyond trading, xStocks are set to be integrated into lending markets like Venus Protocol, enabling use as collateral and participation in a wide range of DeFi strategies.
“This is about bringing capital markets to where users already live and trade,” said Val Gui, General Manager of xStocks. “By deploying the industry standard for tokenized equities on BNB Chain, we’re not simply expanding access—we’re turning equities into programmable, onchain assets that can move seamlessly across ecosystems, applications and protocols. That unlocks a more open, liquid, and globally connected financial system at massive scale.”
Extending Access, Without Fragmentation
xStocks has rapidly emerged as the industry standard for tokenized equities, surpassing nearly $30 billion in total transaction volume, including over $5 billion and reaching more than 100,000 unique holders onchain.
The deployment on BNB Chain builds on this momentum, expanding access to one of the most active and widely adopted onchain user bases. Selected for its scale, performance, and global reach, BNB Chain provides a strong foundation for accelerating adoption across both retail and institutional users.
Nina Rong, Executive Director of Growth at BNB Chain said: “BNB Chain is already the world’s second largest destination for real-world assets. xStocks elevates this position by making traditional equities fully programmable inside our high-performance infrastructure, attracting new participants and fueling the capital efficiency and innovation that define BNB Chain’s competitive edge.”
Scaling a Multichain Financial System
As part of a growing multichain ecosystem, xStocks are designed to move seamlessly across centralized exchanges, self-custodied wallets, and onchain protocols.
This interoperability unlocks new use cases across trading, collateralization, and decentralized finance — enabling 24/7 markets, real-time settlement, and deeper integration with onchain financial applications.
As xStocks continues to expand across chains, the focus remains consistent: building a blockchain-neutral, interoperable framework for onchain capital markets — one that prioritizes accessibility, liquidity, and global reach.
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. xStocks are not, nor will they be registered with any local securities regulators. 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. Not available in the U.S. or to U.S. persons. 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.