In a major step forward for the tokenized equities sector, xStocks has confirmed its integration with the TRON blockchain, supported by Backed and Kraken. The initiative has been designed to expand the reach of tokenized equities by utilizing TRON’s ecosystem, which is recognized for its high transaction speed and cost efficiency.
Kraken indicated that eligible clients would soon be able to access xStocks through the TRON network. This will allow seamless deposit and withdrawal options in the coming weeks, significantly improving accessibility for traders and investors worldwide. The effort aligns with xStocks’ long-term vision of opening up global access to capital markets through digital innovation.
Tokenized assets on TRON
As part of the arrangement, Backed will introduce xStocks as TRC-20 tokens on TRON. Each asset will carry a one-to-one backing, ensuring security and reliability for users. The TRON DAO is also expected to work with multiple ecosystem partners to increase adoption, helping establish a broader market for tokenized equities while fostering growth among developers and users alike.
Kraken’s leadership has pointed out that extending xStocks across three blockchains in under two months demonstrates the scalability of platforms designed with openness in mind. They further emphasized that TRON’s low-cost infrastructure and high performance make it an ideal choice for Kraken’s multi-chain expansion, which has been structured to mirror the characteristics of the internet — permissionless, borderless, and interconnected.
Bridging traditional and digital markets
TRON’s founder, Justin Sun, remarked that the integration highlights how TRON’s decentralized network can accelerate the development of tokenized equities. He stressed that this collaboration builds a bridge between traditional financial markets and blockchain technology, creating a more adaptable and inclusive marketplace that can cater to previously underserved users.
@krakenfx and @BackedFi announced an expansion of @xStocksFi, a tokenized stock product offering, to the #TRON blockchain.
More from @Cointelegraph ⤵️https://t.co/eXW9140CzM
— TRON DAO (@trondao) August 20, 2025
Adam Levi, co-founder of Backed, underlined that moving xStocks to TRON complements the network’s established strength in stablecoin transfers. According to him, millions already use TRON for tokenized U.S. dollars, and extending these capabilities to equities represents a natural progression for the network. He described tokenized equities as one of the most promising applications in the expanding field of digital assets.
A milestone in xStocks’ growth
Since its introduction, xStocks has gained considerable traction, reporting more than $2.5 billion in combined trading volume across both centralized and decentralized exchanges. The new integration with TRON is being viewed as a key milestone, following earlier progress on the BNB Chain and an initial launch on Solana. The strategy reflects the company’s commitment to a multi-chain approach, ensuring that tokenized equities remain open and accessible across blockchain environments.
The expansion is expected to continue as xStocks explores additional high-performance blockchains, supported by Kraken’s broader goal of making capital markets more accessible to its global client base. However, the company has clarified that xStocks will remain unavailable to U.S. residents or U.S. persons due to geographic restrictions.
With its multi-chain framework and collaborations across major blockchain ecosystems, xStocks is positioning itself as a central player in merging traditional equity markets with decentralized networks, offering traders and investors a more flexible and inclusive financial future.
