Companies
Kraken's xStocks Surpasses 1,000 Tokenized Instruments Amid Rapid Growth
As of October 22, 2026, Kraken's xStocks lineup has exceeded 1,000 tokenized instruments, a remarkable increase from the 131 listed just a month prior. This expansion signals a growing interest in tokenized versions of U.S. equities and ETFs, which debuted in June 2025 with only 60 assets.
The cumulative transaction volume for xStocks has surpassed $40 billion, with backing assets exceeding $800 million across more than 300,000 unique holders. Notably, xStocks are available for trading on multiple blockchains, including Solana, Ethereum, and BNB Chain, allowing for flexibility beyond Kraken's platform.
Despite the significant growth, U.S. residents, along with those from the UK and Canada, are excluded from purchasing these tokenized stocks. This limitation highlights Kraken's focus on catering to international investors who may face challenges accessing U.S. markets.
With the catalog now resembling a comprehensive brokerage menu, the expansion of xStocks offers a viable alternative for global investors looking for fractional and 24/7 trading options in U.S. equities.
Latest Developments in Tokenized Trading
- Securitize CEO Carlos Domingo emphasizes that public companies will seek tokenized trading for increased liquidity and investor access.
- Securitize Stocks allows trading of tokenized versions of major US equities on the Solana blockchain, initially covering 12 stocks including Apple, Nvidia, and Tesla.
- Jump Trading is acting as a liquidity provider for the Securitize Stocks platform.
- Securitize aims to expand its tokenized stock offerings from 12 to 75 by the end of 2026.
- Securitize went public on the NYSE under the ticker SECZ on July 2, 2026, through a SPAC merger valued at approximately $1.25 billion.
- As of Q3 2026, Securitize reported over $5 billion in tokenized assets under management and a trading volume of $15.6 billion in September 2026.
- StoneX raised its price target for SECZ by 50% to $18, predicting potential revenue of $200 million by 2028 from trading and servicing fees.
- Securitize focuses on regulated tokenized equities that maintain shareholder rights, rather than unregulated synthetic exposures.
FAQ
What are xStocks?
xStocks are tokenized versions of U.S. equities and ETFs that allow investors to trade fractional shares of these assets on multiple blockchains.
How many tokenized instruments does Kraken's xStocks currently offer?
As of October 22, 2026, Kraken's xStocks lineup has surpassed 1,000 tokenized instruments.
Who can purchase xStocks?
Currently, U.S. residents, as well as those from the UK and Canada, are excluded from purchasing xStocks. The platform primarily caters to international investors.
What blockchains support xStocks trading?
xStocks are available for trading on multiple blockchains, including Solana, Ethereum, and BNB Chain.
What is the cumulative transaction volume for xStocks?
The cumulative transaction volume for xStocks has surpassed $40 billion, with backing assets exceeding $800 million.