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<div class="key-points-section"><strong>Key Points:</strong>
 <ul>
  <li>Main event involves Kraken and Backed expanding to BNB Chain.</li>
  <li>xStocks to integrate with BNB Chain.</li>
  <li>Enhanced DeFi integration is expected from this expansion.</li>
 </ul>
</div>
<figure class="wp-block-image aligncenter size-large"><a href="https://theccpress.com/wp-content/uploads/2025/07/futuristic-financial-skylines.png" rel="noopener noreferrer nofollow"> </a>
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  Kraken and Backed Expand xStocks Support to BNB Chain and Solana
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<p>Kraken and Backed have announced plans to expand their xStocks support to BNB Chain and Solana, as per a recent report.</p>
<p>The move by Kraken and Backed marks a significant step in integrating tokenized real-world assets within decentralized finance. This expansion brings increased access and composability, boosting tokenized equity's role in the digital securities sector.</p>
<p>Kraken and Backed's expansion to BNB Chain aims to bring tokenized U.S. equities, such as <em>AAPLx</em> and <em>TSLAx</em>, into the broader DeFi market. Arjun Sethi from Kraken emphasized the <a href="https://www.ainvest.com/news/kraken-partners-bnb-chain-expand-access-tokenized-stocks-2507/" rel="noopener noreferrer nofollow">chain-neutral future for capital markets</a>. <strong>Adam Levi</strong>, co-founder of Backed, highlighted the role of <a href="https://crypto.news/kraken-extends-xstocks-to-bnb-chain-betting-on-defi-as-wall-streets-successor/" rel="noopener noreferrer nofollow">BNB Chain's global reach and liquidity</a>.</p>
<blockquote>
 "The response to xStocks has made one thing increasingly clear — the future of capital markets will be chain-neutral, composable, and multichain by design. Expanding to BNB Chain reinforces our core belief that tokenized equities are not just digital wrappers for traditional assets — they are a foundational upgrade to the financial system itself. These instruments behave as programmable settlement primitives, unlocking atomic settlement, real-time global transferability, and composability with onchain lending, derivatives, and structured products." — Arjun Sethi, co-CEO, Kraken
</blockquote>
<p>The integration is expected to have a profound impact on <a href="https://blog.kraken.com/product/xstocks/bnb-chain-integration" rel="noopener noreferrer nofollow">BNB Chain</a>, enhancing its on-chain liquidity and access to tokenized equities. These changes could increase DeFi developer engagement and stimulate growth in governance token activities for affected protocols.</p>
<p>Financial implications include potential shifts in tokenized equity trading, real-time global transferability, and programmable settlement capabilities. As tokenized equities settle into BNB Chain, liquidity and DeFi applicability are poised for growth.</p>
<p>Analysts anticipate increased composability for real-world assets within DeFi as BNB Chain’s integration allows better access to tokenized stocks. Historical trends highlight the chain's significant reach, underscoring this expansion's potential to reshape DeFi markets.</p>
<blockquote class="twitter-tweet"><a href="https://twitter.com/bitgetglobal/status/1942892990537867370" rel="noopener noreferrer nofollow"></a>
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    <td><em><strong>Disclaimer:</strong></em><br><em><br>The content on <a href="https://theccpress.com/" rel="noopener noreferrer nofollow">The CCPress</a> is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.</em></td>
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</figure> <a href="https://theccpress.com/kraken-expands-xstocks-bnb-chain-solana/" rel="noopener noreferrer nofollow">Read original article on theccpress.com</a>

Kraken Expands xStocks to BNB Chain and Solana

Cryptocurrency Press

Other articles published on Jul 9, 2025

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