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    Home»Regulation»Kraken Collaborates with Trust Wallet to Broaden Access to Tokenized Equities
    Regulation

    Kraken Collaborates with Trust Wallet to Broaden Access to Tokenized Equities

    Ethan CarterBy Ethan CarterSeptember 20, 2025No Comments3 Mins Read
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    Cryptocurrency exchange Kraken, the primary distribution partner for Backed’s tokenized equities product xStocks, has joined forces with Trust Wallet, one of the leading self-custody crypto wallets globally, to broaden the availability of tokenized equities for users.

    In a recent announcement on Friday, Kraken stated that it is “introducing interoperable tokenized equities to more than 200 million users around the globe” by bringing xStocks to Trust Wallet users, allowing them to trade tokenized equities from Backed, a provider of collateralized onchain assets.

    This integration will enable Trust Wallet users to purchase and hold 60 different xStocks using various local fiat currencies. It will also allow deposits and withdrawals across multiple blockchains, including Solana, BNB Chain, Tron, and Ethereum.

    “This is more than just an integration — it’s a paradigm shift,” said Kraken Co-CEO Arjun Sethi. “We’re advancing towards a future where global markets function without borders, barriers, and with the same openness and accessibility as the internet itself.”