Trust Wallet Brings Tokenized U.S. Equities to millions
Trust Wallet is expanding its offerings with seamless access to tokenized U.S. equities through the xStocks Alliance. This move allows users to manage both crypto and customary stocks in one place.
The integration introduces tokenized versions of popular stocks, such as Apple and Tesla, directly into Trust Wallet. Now, over 200 million users can buy, hold, and manage these assets alongside their cryptocurrencies.
key features include:
- Self-custody options for tokenized stocks.
- Support across multiple blockchains: Ethereum, Solana, and BNB Chain.
- Ability to trade with local fiat currencies.
Kraken will act as a central liquidity hub,enhancing market access. This partnership ensures that users can easily move assets between different platforms without the need for traditional brokers.
Backed Finance issues all xStocks as fully collateralized tokens, maintaining a strict 1:1 ratio with real-world assets. This makes each token in yoru wallet a secure depiction of money held in safe custody.
Eowyn Chen, CEO of Trust wallet, believes this integration bridges Web3 with traditional markets seamlessly.āOur collaboration makes tokenized equities accessible to many,ā Chen notes.
Since June, xStocks has recorded over $4 billion in trading volume. This reflects increasing interest in accessible and transparent pathways to U.S. capital markets.
