xStocks Surpasses Three Billion Dollar On-Chain Transfer Milestone in Global Expansion
The tokenized equity sector achieved a monumental breakthrough on January 22, 2026, as xStocks—the industry-leading platform for tokenized U.S. equities developed by Kraken and Backed—officially recorded over 3 billion dollars in cumulative on-chain transfer volume. This milestone, which highlights the rapid maturation of real-world asset (RWA) tokenization, includes more than 500 million dollars in activity executed across decentralized platforms such as Uniswap and Raydium. Since its public launch in mid-2025, xStocks has fundamentally altered the accessibility of the American capital markets, allowing global investors in over 160 countries to gain exposure to blue-chip stocks like Nvidia, Apple, and Tesla without the traditional friction of currency conversion or settlement delays. By maintaining a total trading volume exceeding 17 billion dollars across both centralized and decentralized venues, xStocks has solidified its position as the premier “gold standard” for borderless, internet-native investing.
Bridging the Gap Between Traditional Finance and Decentralized Liquidity
The primary driver of the recent volume surge has been the successful expansion of xStocks to the ETH and BNB Chain networks, alongside its initial foundation on Solana. This multi-chain strategy has allowed the platform to tap into diverse liquidity pools and provide users with a wide range of DeFi opportunities, such as using tokenized shares as collateral for decentralized loans. Mark Greenberg, Kraken’s Global Head of Consumer, noted that the 3 billion dollar transfer milestone proves that investors are no longer satisfied with closed, siloed brokerage systems and instead demand assets that can move freely across the open internet. Each xStock token is fully backed 1:1 by the underlying equity or ETF held by a licensed custodian in a bankruptcy-remote structure, ensuring that the efficiency of blockchain technology is paired with the rigorous oversight of traditional finance. This combination of regulatory rigor and crypto-native interoperability has attracted over 57,000 unique on-chain holders, signaling a permanent shift in how capital markets will operate in the late 2020s.
European Expansion and the Future of Permissionless Stock Ownership
As xStocks moves into its next phase of growth, the platform has officially opened its services to European customers, further expanding its total addressable market in a year defined by significant regulatory shifts. By removing the barriers for European investors viewking exposure to U.S. markets, xStocks is effectively dismantling the legacy monopolies of traditional stockbrokers and providing a more transparent, self-custodial alternative. The platform’s ability to offer 24/7 trading and instant on-chain settlement has made it particularly attractive to the “always-on” generation of investors who view stocks as just another programmable asset on their digital balance sheets. With upcoming integrations for additional high-impact blockchains like Ink and Tron, xStocks is well-positioned to lead the transition toward a truly global, decentralized financial system. As the total value of tokenized assets is projected to surpass 11 trillion dollars by 2030, the 3 billion dollar transfer milestone achieved today stands as a clear indicator that the era of borderless, permissionless equity ownership has officially arrived.
