Overview
Kraken and Bybit have partnered with xStocks to offer over 60 tokenized U.S. stocks, enabling 24/5 trading backed 1:1 by real shares. Major companies like Apple, Tesla, and Microsoft are included, with integration into Solana DeFi platforms such as Raydium and Jupiter.
Key Features
1. Tokenized Stocks on Blockchain
- Backed by Real Shares: Each token represents actual equity ownership, ensuring transparency and compliance.
- Extended Trading Hours: Trade stocks 24 hours daily (weekdays), bypassing traditional market limitations.
- Major Companies Supported: Apple, Nvidia, Amazon, Meta, and more.
2. Exchange Integrations
- Kraken: Zero-commission trading with seamless access via crypto-native interfaces.
- Bybit: Available on TradFi and Byreal platforms, with MiFID II compliance for EU users.
3. Solana DeFi Expansion
- Protocols Supported: Raydium, Jupiter, Kamino.
- Use Cases: Swapping, liquidity provisioning, and decentralized trading strategies.
- Phantom Wallet: View and manage tokenized stocks directly.
Benefits of Tokenized Stocks
- Accessibility: Eliminates geographic and signup barriers.
- Liquidity: Enhanced by DeFi integration.
- Cost-Efficiency: Low fees compared to traditional brokerage.
👉 Explore Tokenized Stocks on Solana
FAQs
Q1: Are tokenized stocks regulated?
A: Yes, they comply with MiFID II and are backed by real shares for legal transparency.
Q2: How do I trade tokenized stocks on Kraken?
A: Access them via the xStocks tab—zero commissions apply.
Q3: Can I earn dividends?
A: Bybit is evaluating future dividend support; currently, price appreciation is the primary benefit.
Q4: What’s the advantage of DeFi integration?
A: Enables liquidity provisioning and decentralized trading strategies.
Future Outlook
Expect expanded stock offerings and deeper DeFi integrations as demand grows for blockchain-based equities.