xStocks
Every story this desk has filed under xStocks, most recent first.
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.