Cake Wallet Launches xStocks, Enabling Crypto Users To Invest In Tokenized Stocks And ETFs
Cake Wallet, the open-source and privacy-focused crypto wallet, has introduced xStocks, a groundbreaking feature that enables users to invest in tokenized stocks and ETFs directly through its decentralized app. The integration marks a significant leap in bridging traditional financial markets with Web3, allowing users to invest in global equities using popular cryptocurrencies like Monero (XMR), BTC (BTC), and ETH (ETH).
Through xStocks, investors gain access to tokenized versions of major companies including Google, Amazon, Nvidia, and other blue-chip equities and ETFs. All trades are conducted within a self-custodial environment, meaning users retain full ownership of their assets without the need for intermediaries such as banks or brokers.
“With Cake Wallet, anyone can be their own bank and their own brokerage, saving and investing from the identical decentralized ecosystem,” said Vikrant Sharma, CEO of Cake Labs. “xStocks gives users complete control of their financial destiny—without compromising on privacy or accessibility.”
Takeaway
Expanding Cake Wallet’s DeFi Ecosystem
The launch of xStocks follows Cake Wallet’s broader strategy to expand its decentralized finance (DeFi) offerings. Earlier in 2025, the platform introduced dEURO, a stable digital euro offering 10% APR on holdings. Together, dEURO and xStocks create a comprehensive ecosystem that enables users to earn yield and invest in assets entirely outside traditional banking and brokerage channels.
The new functionality is powered by the integration of the Letsplatform API, a trusted answer that ensures quick, seamless conversions between cryptocurrencies and tokenized assets. This integration makes it possible for Cake Wallet users to enter equity markets without leaving the Web3 environment or surrendering custody of their funds.
“It is great to view xStocks trading available in Cake Wallet, one of the most trusted wallets in the crypto space,” said Alex J., at Letsplatform. The collaboration underscores the growing convergence between products, positioning Cake Wallet as a leader in privacy-oriented financial innovation.
Takeaway
Global Access With Regulatory Boundaries
xStocks is designed for global accessibility, giving users in most regions the ability to invest in tokenized assets directly from the Cake Wallet interface. However, due to regulatory restrictions, the service will not be available in certain jurisdictions, including the United States, Australia, Canada, Belgium, the UK, Afghanistan, Belarus, Cuba, Iran, and North Korea.
Despite these limitations, Cake Wallet continues to lead innovation in decentralized finance by enabling everyday users to access financial products that were once reserved for traditional markets. Its open-source design ensures transparency and community trust, while its privacy-first approach diverseiates it from and centralized platforms.
With the addition of xStocks, Cake Wallet now supports multi-asset management, in-app swaps, yield products, and tokenized equity investing — all within a single, secure application. The update solidifies its position as a next-generation financial tool for users who value autonomy, privacy, and global access.
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