xStocks: BNB Chain has joined the xStocks Alliance

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ChainCatcher reports that xStocks announced on the X platform that BNB Chain has officially joined the xStocks alliance. Both parties will jointly promote the development of financial frontiers, and the next step of integrating capital markets into the on-chain economy is imminent. This is also the first time xStocks has expanded to an EVM blockchain network.

ChainCatcher previously reported that, according to The Block, Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized US stocks as BEP-20 tokens.

The two institutions stated that the community's demand for on-chain composable stock markets is growing, and in the coming weeks, eligible non-US Kraken customers will be able to access related services through BNB Chain.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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