Kraken, Bybit and Sitkenized Stocks: A new era in the market?
Jul 02, 2025 pm 07:18 PMKraken and Bybit are entering the field of tokenized stocks, enabling major stock trading around the clock through blockchain technology. Does this indicate the future of finance?
Cryptocurrency and traditional finance are blending! With Kraken and Bybit launching tokenized U.S. stocks, the market landscape is changing. Let's see how this affects you.
XSTOCKS: A bridge connecting two worlds
Kraken and Bybit join hands with backup finance to launch Xstocks, a tokenized form of major U.S. stocks. This means you can trade stakes in companies like Apple, Tesla and Nvidia at any time, no longer being limited by traditional trading schedules. Say goodbye to the trading restrictions of five days and hours a day, and welcome the new era of all-weather trading brought by Xstocks.
The main advantages of tokenized stocks
- All-weather trading: Buy and sell your favorite stocks at any point in time.
- Higher accessibility: breaking geographical barriers and account opening thresholds.
- DeFi Compatibility: Use tokenized stocks as collateral assets in the DeFi lending scenario.
- Real Asset Exposure: Each token is supported by one-to-one by the actual underlying shares.
Kraken's innovative initiatives
Kraken is at the forefront of this change and is committed to promoting the democratization of wealth and market access. Kraken co-CEO Arjun Sethi believes Xstocks makes stocks as flexible as cryptocurrencies — which can be stored, transferred, paid or borrowed. This progress marks an important step towards a borderless and more accessible investment environment.
Bybit's fusion strategy
Bybit is integrating Xstocks into its Tradfi and Byreal platforms to ensure compliance with regulatory requirements such as MiFID II. This move provides European users with the opportunity to invest in real-world equity on-chain. Bybit's hybrid model combines the efficiency of blockchain and the stability of a regulated financial system.
Solana's position in tokenization
Solana is gradually becoming an important platform for tokenization of real-world assets (RWA). Agreements such as Raydium, Jupiter and Kamino now support tokenized stocks, allowing users to trade, exchange and participate in liquidity provision on the platform. This integration further enhances Solana's ecological value and may drive the growth of demand for SOL tokens.
Personal opinion
Tokenized stocks are expected to completely change the way they invest, bringing unprecedented flexibility and convenience. Imagine that you can use the tokenized Apple shares you have as collateral, borrow USDC on Solana's network, and then use this amount of money to trade Sol micro futures contracts on Robinhood! The prospects are exciting. But at the same time, there is a higher complexity that comes with flexibility, so it is crucial to keep information updated.
The future will be a stage for integration
The intersection of traditional finance and blockchain technology is reshaping transaction strategies and market dynamics. Whether you are an experienced crypto trader or a newcomer who has just entered the field, you should pay close attention to these new trends. Perhaps soon, we will all sit on the sofa and easily trade various token assets, hold lattes in hand, and enjoy the all-weather market access experience. Cheers to the future of finance!
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