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DAOStack Team's New Project xStocks Partners with Kraken, Bybit, and Others
Summary: According to Decrypt, the xStocks project, founded by the original DAOStack core team, has recently partnered with exchanges such as Kraken and Bybit to provide infrastructure services for tokenizing US stocks on the Solana blockchain. DAOStack, which raised approximately $30 million through an ICO in 2019, ceased operations gradually due to the slowdown in DAO ...
According to Decrypt, the xStocks project, founded by the original DAOStack core team, has recently partnered with exchanges such as Kraken and Bybit to provide infrastructure services for tokenizing US stocks on the Solana blockchain. DAOStack, which raised approximately $30 million through an ICO in 2019, ceased operations gradually due to the slowdown in DAO development. xStocks development company, Backed, is led by an Israeli team and has received investments from institutions like Coinbase. The project is currently focusing on the integration of cryptocurrency and traditional financial assets.
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Link: DAOStack Team's New Project xStocks Partners with Kraken, Bybit, and Others [Copy]
