Edited By
Olivia Chen
In a significant move, Kraken has teamed up with Trust Wallet to offer tokenized equities through Backed's xStocks on September 20, 2025. This initiative allows users to trade company shares across various blockchain networks, but regulatory hurdles may limit access in some regions.
The partnership enables users to buy, hold, and trade up to 60 xStocks using local fiat currencies. These tokenized equities are fully backed by real-world shares at a 1:1 ratio.
"This opens the door to global market access without the need for traditional brokers," noted one commenter.
Despite the excitement, challenges lie ahead. Regulatory restrictions might hinder users in specific areas, such as Australia. As one informed person put it, "This could benefit many if not for local regulations."
The community's reaction is mixed but largely positive. Here are three key themes powering the discussion:
Accessibility: Many view tokenized equities as a breakthrough for everyday investors.
Regulatory Concerns: Warnings about specific regions where this service may not be available.
User Trust: A strong reminder that Kraken Support will never ask for personal information through direct messages.
๐ Users can trade tokenized stocks on Solana, BNB Chain, Tron, and Ethereum.
๐ Concerns about regulatory compliance may affect access in certain regions.
๐ก "This sets a new standard for investing," one user remarked.
As the industry watches closely, Kraken and Trust Wallet must navigate regulatory waters to ensure that tokenized equities reach as many users as possible. Will they succeed in overcoming these challenges? Keep an eye on further updates.
There's a strong chance that Kraken and Trust Wallet will expand their reach in the coming months as they work to address regulatory hurdles. Experts estimate around 60% probability that they will successfully navigate compliance issues in key markets. This could allow more people to access tokenized stocks, particularly if they collaborate with local regulatory agencies. As they roll out this initiative, they may also add more blockchain networks to their offerings, which would enhance trading options for investors.
An unobvious parallel can be drawn with the emergence of mobile banking in the early 2000s. At first, this technology faced skepticism due to security concerns and regulatory uncertainties. However, as banks and fintech startups collaborated to create secure mobile platforms, adoption skyrocketed. Just as those innovations democratized access to financial services, the tokenized equities by Kraken and Trust Wallet have the potential to reshape investment landscapes by making stock ownership accessible to a wider audience, provided they can overcome similar challenges.