Kraken acquires Backed accelerating expansion of tokenized equities unit xStocks
The acquisition by Kraken gives Backed access to the capital and resources needed to scale faster and capitalize on surging adoption.
The acquisition by Kraken gives Backed access to the capital and resources needed to scale faster and capitalize on surging adoption.
Each xStock is fully backed 1:1 by its underlying equity or ETF, held by a licensed custodian in a bankruptcy-remote structure.
eToro revealed today in a global webinar ‘eToro Unlocked: Trade Without Boundaries’ how the company is evolving its product offering as it moves towards a tokenized future.