London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT
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Kraken brings DeFi yield to tokenized stocks and ETFs
Kraken’s new xStocks vaults let investors earn yield on tokenized versions of Nvidia and major US stock market ETFs by lending the assets in DeFi markets.
Binance bStocks pass xStocks as second-largest tokenized stock issuer
Binance bStocks became the second-largest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks.
*Wintermute To Trade Commodities, Crypto Etfs, Tokenized Stocks Upon Regulatory APPROVAL: BBG
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Ondo Perps has officially launched, becoming the first perpetual contract platform to support tokenized stocks as margin for derivatives.
ChainCatcher reports that Ondo Perps has officially launched and is now open to non-US investors. As the first perpetual contract platform to support tokenized stocks and stablecoins as collateral for derivatives, Ondo Perps aims to drive the on-chain derivatives market into a new era of capital efficiency. Its core advantages include: tokenized stocks as collateral, eliminating the need to maintain separate cash reserves across multiple platforms; market depth comparable to traditional finance, achieving extremely low spreads and slippage; and execution speed comparable to top-tier crypto CEXs, with real-time processing of order routing, margin updates, and settlement, while ensuring decentralization. Currently, Ondo Perps supports assets including stocks, indices, and commodities such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, offering leverage up to 20x and providing 24/7 trading for global investors. Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure, and a total TVL exceeding $1 billion. Ondo Perps, as the next layer of the ecosystem, enables tokenized assets to not only remain in the holding stage, but also to function as collateral on a unified trading platform.
Coinbase tokenized stocks go live on Base with Chainlink price feeds
Coinbase’s B20 equities bring stocks including Apple and Nvidia onchain, allowing eligible non-US users to trade them 24/7 and use them across DeFi.
Kraken launches US-listed stock trading for EEA customers
Eligible EEA users can trade conventional US shares alongside more than 700 tokenized xStocks through Kraken’s European entity.