Actions like Apple, Nvidia, and Microsoft now available 24/7 on the blockchain. What was once a far-off dream for traditional finance is now a reality with initiatives like Backed Finance. The company has just launched over 60 tokenized stocks and ETFs on crypto exchanges Kraken, Bybit, and several Solana DeFi protocols. This announcement confirms one thing: the tokenization of real assets is stepping up its game.
Launched under the xStocks Alliance initiative, this new wave of tokenized securities covers giants like Apple, Amazon, Microsoft, as well as ETFs like the Core S&P 500. All in the form of tradeable tokens 24/7, a luxury that traditional finance cannot offer.
On the platform side, Kraken and Bybit kick things off. The tokens will then be integrated into major DeFi apps in the Solana ecosystem, including Jupiter, Kamino Swap, and Raydium. Eventually, these tokens could even be used as collateral in lending protocols.
This launch is not an isolated case. In 2025, stock tokenization is booming. Coinbase and Gemini are closely following suit, while Robinhood is working on a tokenized stock offering for Europe. The goal is simple: to open stock markets to a global audience, without the usual time, geographical, or regulatory barriers.
Backed Finance takes a step ahead here. By orchestrating the xStocks alliance, the company aims to build an open infrastructure for real-world assets on the blockchain. And it doesn’t hide its ambitions.
The message is clear: the boundary between traditional finance and DeFi is crumbling.
With this launch, Backed is tapping into a colossal market. Stock tokenization could, by some estimates, represent several trillion dollars by 2030. For crypto investors, it’s a gateway to regulated assets. For traditional investors, it’s access to a market that never closes.
By betting on Solana, known for its speed and low fees, Backed aims to offer a seamless experience to millions of potential users.
