Kraken and Tokeenized Asset purchase exchange from the funding that brings distinctive stocks to the BNB series (BNB)The companies said on Wednesday that allowing trading with shares such as Apple and NVIDIA around the clock.
This step provides symbolic versions of American stocks such as Apple (Aaplx)Tesla (Tslex) And S & P 500 ETF (Spyx) It will be released as the distinctive BEP-20 symbols and access to users via the BNB ecosystem. The development comes with the joining of the BNB series to the Xstocks Alliance, which is a network of stock exchanges and financing (Defi) Protocols that serve trading with 60 shares and ETF codes on encryption bars.
Kraken said it will allow users to deposit the distinctive symbols of XSTOCKS and withdraw them through the BNB series in the coming weeks. Adam Levy, co -founder of Backed, said in a press statement that the aim of this is to integrate the distinctive symbols of shares deeper into Defi, making them available to move through protocols, chains or beyond as a guarantee of borrowing.
“This is the start of a stock market always-a market without permission, transparent, and designed for the Internet,” said Arjun Sethi, a coach in Krakin, in a statement. “These tools are behaved as a programmable settlement, the abolition of atomic settlement, the actual time of transportation, the ability to comply with the lending on the chain, derivatives, and organized products.”
Trading platforms are racing to bring stocks to Blockchain bars as a symbolic science of traditional financial tools, or real world assets
Steam gains. Support xstocks First Last week on Kaken, Bybit and Solana Solana (Sol) Defi platforms, while twin and Robinhood I presented trading with distinguished American stocks.
The stock exchange said in a press statement that Crypto Exchange Bitget also provided XSTOCKS symbols on the trading platform on Wednesday after joining the alliance.
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