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Kraken and Backed to Expand xStocks Support to BNB Chain
Summary: Kraken and Backed are planning to expand xStocks support to BNB Chain, allowing users to trade tokenized US stocks as BEP-20 tokens. Both institutions stated that there is a growing demand in the community for on-chain tradable stock markets. In the coming weeks, eligible non-US Kraken customers will be able to deposit and withdraw xStocks ...
Kraken and Backed are planning to expand xStocks support to BNB Chain, allowing users to trade tokenized US stocks as BEP-20 tokens. Both institutions stated that there is a growing demand in the community for on-chain tradable stock markets. In the coming weeks, eligible non-US Kraken customers will be able to deposit and withdraw xStocks via BNB Chain and Solana on the CEX platform. (Source: The Block)
