• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BNB Chain and xStocks: A New Era for Tokenized Equities

user avatar

by Giorgi Kostiuk

7 hours ago


BNB Chain has announced a partnership with xStocks to expand its tokenized equities offerings, aiding the integration of traditional and decentralized finance.

Details of the Collaboration

BNB Chain's collaboration with xStocks, supported by Kraken and Backed, focuses on expanding tokenized U.S. equities in blockchain ecosystems. This initiative marks a breakthrough in making equities more accessible through decentralized finance tools.

Implications and Market Impact

The integration is expected to notably increase the total value locked (TVL) on BNB Chain, fostering increased on-chain activities. DeFi protocols like PancakeSwap may experience heightened trading volumes, stimulating ecosystem growth and broadening financial interactions.

Comment from Official Sources

“In conjunction with xStocks partner Backed, we are excited to announce a strategic partnership with BNB Chain, one of the world’s leading blockchain ecosystems. Through this partnership, BNB Chain joins the rapidly growing xStocks Alliance, further accelerating onchain access to tokenized U.S. equities for users across the world.” — Kraken Official Channel

The partnership between BNB Chain and xStocks opens new horizons for tokenized assets, merging traditional financial instruments with decentralized technologies, which could significantly alter market interactions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

The Future of Crypto Sponsorship in Sports: Trends for 2025

chest

Crypto sponsorship in sports continues to grow, with a projected volume of $565 million by 2025. Key players and investment directions.

user avatarGiorgi Kostiuk

Collaboration Between Ripple and BNY Mellon: A New Era for RLUSD

chest

Ripple announced a collaboration with BNY Mellon to manage the reserves of its stablecoin RLUSD, potentially shifting the financial landscape.

user avatarGiorgi Kostiuk

FTX Creditors Fight Against Payment Limitations for China

chest

Chinese creditor files objection against FTX's plans to restrict payments in several jurisdictions, including China.

user avatarGiorgi Kostiuk

Trump Media Announces Token for Truth Social Subscribers

chest

Truth Social has announced a loyalty token tied to user activity within the app.

user avatarGiorgi Kostiuk

How YZi Labs and 10X Capital Launch BNB Treasury Company for BNB Investments

chest

YZi Labs partners with 10X Capital to create BNB Treasury Company, highlighting institutional interest in Binance Coin.

user avatarGiorgi Kostiuk

Bitcoin Season: Overview of Current Trends and Strategies for Investors

chest

The current situation in the crypto market indicates Bitcoin's dominance. Learn how this may affect your investment strategy.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.