More than 60 token stocks are now available on crypto exchanges Kraken and Bybit and on Solana-based decentralized financing (DEFI) platforms.
On Monday announcement The company said its tagged stock product Xstocks has been launched, with more than 60 stocks available on Bybit, Kraken and several Solana Defi protocols, providing users with traditional stock access through the blockchain infrastructure.
Stock choices focus on blue chip giants and cryptocurrency companies, emerging and established. Supported stocks include Netflix, Meta, Robinhood, Coinbase, Amazon, Nvidia, McDonald’s, Apple, Tesla, and Microsoft.
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24/7 Free stock transfer transactions
Official Xstocks website Some differences in its tagged stocks compared to traditional markets, including 24/7 trading, free transferable assets, lack of commissions (promised on Kraken) and DEFI support.
Bybit – The second largest crypto exchange for trading volumes based on CoinMarketCap data – return Announce It supports Xstocks. The exchange said the OnChain settlement will be near-established and the tokens will be supported by Real shares one-to-one.
Bybit also claims that the product is in line with the EU’s market in Financial Instruments Directive II (MIFID II). It added that future support for dividends is being considered.
Xstocks is also available on Bybit’s Tradfi and Byreal Platform, which caters to mixed and traditional asset trading.
Kraken – One of the oldest still active crypto exchanges – same Announce Supports Xstocks. “Say goodbye to unfair delays, transaction restrictions, time zone issues and complex registrations,” it said.
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Stocks: Now on Defi
The supported financing announcement stated that Xstocks is “Defi-Ready” and has been integrated with the leading Solana protocol. The team promises access to Xstocks Kamino, Raydium and Jupyter starting today.
Although full features are still being introduced, support for Solana’s Phantom Wallet has also been added to Solana’s Phantom Wallet.
With this integration, stocks can now be used to provide liquidity on rays, trading on Jupiter or exchanging round-trip Camino. In other words, the stock is now included in Solana’s Defi ecosystem, with a total value currently locked at $8.56 billion. defill.
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