Kraken’s Tokenized Stocks xStocks Surpass $25 Billion in Trading Volume

Tokenized Financial Instruments Gain Momentum

Kraken recently revealed that its tokenized stock offering, xStocks, has surpassed $25 billion in total trading volume since launch, highlighting the growing market appetite for blockchain-integrated financial products.

Multi-Chain Adoption Shows Strength

Notably, over $3.5 billion in trading activity came from blockchains like Solana, Ethereum, and TON, demonstrating strong cross-chain adoption of the xStocks product suite.

Expanding On-Chain User Base

• More than 80,000 unique addresses now hold xStocks
• Assets under management (AUM) approach $225 million
• Each xStock is fully backed 1:1 by stocks or ETFs held by licensed custodians