# Kraken Expands Tokenized Stocks to Tron

*Author: Bankless*
*Published: Aug 20, 2025*
*Source: https://www.bankless.com/read/kraken-expands-tokenized-stocks-to-tron*

---

Kraken and tokenization startup Backed are bringing their tokenized equities product, xStocks, to the Tron network, the firms announced Wednesday. The offering already lives on Solana and BNB Chain.

### What’s the Scoop?
- **Expansion:** xStocks now operate across three blockchains, offering 24/7 trading and fractionalized access to tokenized versions of equities like Apple, Nvidia, and Tesla.
- **Partnership:** The move is in collaboration with TRON DAO and Backed, which issues xStocks as fully backed debt instruments designed for compliance.
- **Adoption:** Backed said xStocks have surpassed $2.5 billion in combined CEX and DEX trading volume since launching in late June.
---

*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/kraken-expands-tokenized-stocks-to-tron)*