xStocks now available on Kraken Pro

18-Sep-2025

Trade popular U.S. stocks and ETFs 24/5 – self-custodial, and on your terms.

We’re thrilled to announce that tokenized U.S. equities – powered by Backed’s groundbreaking xStocks innovation – are now live on Kraken Pro.

For the first time, eligible non-U.S. clients can get instant, flexible exposure to some of America’s most iconic stocks and ETFs, directly from Kraken Pro’s advanced web, mobile app & desktop.

A new way to trade U.S. equities

xStocks are tokenized representations of real-world equities, backed 1:1 by the underlying stock or ETF. Meaning you can trade them 24/5 on Kraken Pro, or withdraw them anytime to your wallet, and use them across DeFi protocols — all while benefiting from tight spreads.

We’ve launched with 60 tokenized assets — including names like Apple (AAPLx), Tesla (TSLAx), and the S&P 500 ETF (SPYx) — and we’ll continue expanding the list over time.

Why trade xStocks on Kraken Pro?

With xStocks now in Kraken Pro, clients can:

  • Trade xStocks like crypto: Buy and sell tokenized U.S. equities alongside digital assets, derivatives, and more.
  • Use all the Pro tools: Access advanced charting, price alerts and 9+ order types including Iceberg, Trailing Stop and Take Profit.
  • Execute strategies with precision: Tap into full market depth, live order books and low-latency trade feeds.
  • Access markets beyond market hours: Trade 24/5, Sunday 8:00 p.m. ET through Friday 8:00 p.m. ET, and self-custody for 24/7 onchain use.
  • Invest flexibly: Get started with as little as $1 and withdraw xStocks to a self-hosted wallet for maximum control.
  • Competitive fees: At 0.1% for taker and rebate of -0.02% for maker volume.

With fractional shares, and no FX conversion required, Kraken Pro is now one of the most efficient ways to gain exposure to U.S. equities — with none of the legacy frictions.

One platform. All of your assets.

xStocks make Kraken Pro the ultimate platform for traders and investors who want it all — tokenized stocks, crypto, derivatives, and more — in one seamless experience.

Whether you’re placing trades on the go, managing your portfolio from your desktop or using our APIs for advanced strategies, Kraken Pro empowers you to:

  • Build a diversified portfolio of tokenized assets
  • Trade fast, with low latency and minimal slippage
  • Control your assets via self-custody — anytime, anywhere

And with the addition of xStocks, you can now plan and execute multi-asset strategies from a single, professional-grade interface.

Get started today and experience the next frontier of finance — right inside Kraken Pro.

xStocks are issued by Backed Assets (JE) Limited (a Jersey private limited company) and offered to eligible Kraken customers via Payward Digital Solutions Ltd. (“PDSL”), a company licensed to conduct digital asset business by the Bermuda Monetary Authority. xStocks are not nor will be registered with any local securities regulators. PDSL (Kraken) does not provide investment advice and/or recommendations, and, no communication, through any Kraken App or website or otherwise, should be construed as such. Individual investors should make their own decisions or seek professional independent advice if they are unsure as to the suitability/appropriateness of any investment for their circumstances or needs, including potential tax treatment. Investing in xStocks involves an element of risk. The value of an investment may go down as well as up, and past performance is not a reliable indicator of future results. Not available in the U.S. or to U.S. persons. Geo restrictions apply. Read Kraken’s xStocks Risk Disclosure at kraken.com/legal/xstocks as well as the Base Prospectus and related Final Terms for xStocks at https://assets.backed.fi/legal-documentation to learn more.

The post xStocks now available on Kraken Pro appeared first on Kraken Blog.

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