Kraken Taps Trust Wallet to Expand Backed xStocks Tokenized Shares

The tokenization of real-world assets is rapidly moving from a niche concept to a mainstream financial trend, and one of the leading exchanges is taking bold steps to accelerate this shift. Kraken has announced a new partnership with Trust Wallet, integrating support for Backed xStocks tokenized shares, which bridge traditional equity markets with blockchain-based accessibility.

Tokenized Shares: Expanding the Frontier

Backed xStocks represent tokenized versions of real-world company shares, giving investors exposure to major publicly traded companies through the blockchain. Each token mirrors the value of its underlying equity while remaining transferable, divisible, and compatible with decentralized finance (DeFi) protocols.

By collaborating with Trust Wallet, Kraken ensures that these assets are easily accessible and secure for retail and institutional investors alike. Trust Wallet’s multi-chain support and strong security reputation make it an ideal gateway for users seeking direct custody of tokenized stocks.

Why This Matters

Accessibility: Tokenized shares remove geographic and financial barriers, enabling global participation in equity markets.

Liquidity: Assets become more tradable around the clock, beyond traditional stock market hours.

Integration with DeFi: Holders can use tokenized equities as collateral or in yield-generating strategies, expanding their utility beyond simple investment.

Custody and Control: With Trust Wallet integration, investors can maintain full custody of their tokenized assets instead of relying solely on centralized exchange accounts.

Kraken’s Role in the Tokenization Race

Kraken has been a vocal advocate of tokenization and digital securities, and this move signals its ambition to remain at the forefront of crypto–traditional finance convergence. By making tokenized shares more accessible, the exchange is positioning itself not just as a crypto trading hub, but as a bridge between Wall Street and Web3.

A Glimpse of the Future

The partnership underscores a broader industry trend: the merging of blockchain technology with traditional financial products. As regulatory frameworks evolve, tokenized stocks could play a pivotal role in democratizing access to global markets.

Kraken’s integration with Trust Wallet is more than a technical collaboration—it’s a step toward a future where investors manage equities, crypto, and other tokenized assets side by side, all within the same digital ecosystem.