Kraken and Backed are expanding xStocks support to BNB Chain

Odaily News Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. stocks as BEP-20 tokens. The two institutions said that the community has a growing demand for on-chain composable stock markets. In the coming weeks, eligible non-U.S. Kraken customers will be able to deposit and withdraw xStocks through BNB Chain and Solana on the CEX platform. (The Block)