xStocks
Every story this desk has filed under xStocks, most recent first.
Bybit Starts Selling Real Shares for USDC, Next to Its Own Stock Tokens
The exchange has launched trading in more than 1,000 US stocks and ETFs funded with USDC, with Alpaca executing and holding the shares, sitting alongside Bybit's tokenised xStocks products.
Bitget Wallet Adds a Third Tokenized Stock Brand, and It Is Its Own
From 15 September the self-custodial wallet lists rTokens, tokenized US equities issued by Reality, alongside existing Ondo and xStocks listings. Reality is part of the Bitget ecosystem, and the tokens trade on Arbitrum and Morph.
Kraken Lends Out Tokenized Nvidia and Moves the Collateral Off Ink
The exchange's new xStocks vaults put tokenized equities and ETFs to work in DeFi lending markets, targeting up to 2 percent a year, and the collateral leaves Ink for Solana to do it.
Tokenized Stocks Get a Request-for-Quote Desk on Hyperliquid
Silhouette has launched RFQ trading for xStocks on Hyperliquid, letting market makers bid against each other for tokenized equity orders that settle onchain. It is an answer to the thinnest part of this market: the spread.
The London Stock Exchange Hands 100 of Its Own Listings to Kraken's Owner
Payward, Kraken's parent and the developer behind xStocks, will tokenize 100 London-listed stocks, with an LSE venue intended to support trading around the clock on weekdays. Regulatory approval is still outstanding.
Quotrons Burned 60% of Its Own Supply, and Its Stock Venue Has Yet to Run an Epoch
The ERC-404 collection on Robinhood Chain has destroyed 2,667 of its 4,444 tokens to hardwire terminals that earn tokenized stock. The pools those rewards come from sit on Ink, have traded about $56,900 in total, and the S&P 500 ETF is 69 percent of it.
Ink Carries 963 Tokenized Stocks, Five Times Robinhood Chain's Roster
Kraken's layer 2 holds the largest verified tokenized equity roster on any chain this desk counts: 963 companies issued by Backed Finance, against 196 on Robinhood Chain. Most of them are held by a single address, which is what a market looks like before it opens.