Haciyev Reşit 
Focusing on democratizing financial access through blockchain technology and decentralized applications (dApps), TRON DAO has entered into a strategic partnership with Kraken and Backed.
As part of this collaboration, the xStocks platform will be integrated with the TRON blockchain, making tokenized stocks accessible to a much broader user base.
xStocks and TRON Integration
xStocks, developed by Backed and Kraken, stands out as the industry standard for tokenized stocks. TRON’s high transaction capacity, low fees, and global reach provide the ideal infrastructure for xStocks.
In the coming weeks, Kraken users in eligible jurisdictions will be able to deposit and withdraw xStocks assets via the TRON blockchain. This integration will significantly enhance the accessibility and liquidity of tokenized stocks.
Backed will issue xStocks on TRON as TRC-20 tokens, providing full 1:1 backing for each tokenized asset. This ensures that investors can verify their holdings in a transparent and secure way.
Leaders’ Statements
Justin Sun, Founder of TRON, commented on the partnership:
“This collaboration demonstrates how the TRON network can be used to make tokenized stocks more open and accessible. Tokenized stocks are building a bridge between traditional markets and blockchain, representing a natural evolution within the crypto ecosystem.”
Arjun Sethi, Co-CEO of Kraken, stated:
“Expanding xStocks to three blockchains in such a short time shows how effective our design of openness and accessibility truly is. TRON’s scalability and low fees make a strong contribution to our multi-chain architecture for tokenized stocks.”
This integration strengthens TRON’s role as a critical bridge between traditional finance and decentralized infrastructure. With tokenized stocks joining stablecoins and other assets on TRON, the network offers investors a more accessible, transparent, and inclusive financial ecosystem.
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