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Kraken and Backed join forces with TRON DAO to promote stock tokenization applications, integrating xStocks into TRON.
PANews reported on August 20 that Kraken and Backed announced a strategic partnership with TRON DAO to integrate xStocks into the TRON Blockchain, further expanding the application range of stock tokenization. xStocks is an industry-standard stock token jointly launched by Backed and Kraken, and in the future, Kraken users in eligible regions will be able to access xStocks directly through the TRON Blockchain. The token will be deployed in TRC-20 format, ensuring that each token asset is fully backed 1:1.
TRX1.84%