xStocks Tokenized Stocks Trading Volume Surpasses $25 Billion

xStocks has achieved remarkable growth, surpassing $25 billion in trading volume for tokenized stocks, as indicated by data from the Kraken exchange. This milestone was reached in less than eight months since the platform's launch, demonstrating a significant demand for digital assets.

“In under 7 months since launch, xStocks is making history.” — Kraken

The platform's offerings include tokenized shares of major companies like Apple, Tesla, and Nvidia, now accessible in various global markets, including Europe and Asia, following Kraken’s addition of these assets in June 2025. Each token is underpinned by a corresponding share or a portion of an ETF, ensuring a 1:1 backing.

Initially exclusive to the Solana network, xStocks has expanded its availability to Ethereum, BNB Chain, and TON, indicating its commitment to reach a wider audience. Currently, there are over 81,000 unique holders of these digital assets, with Nvidia, Tesla, and the S&P 500 being the most sought after.

Val Gui, xStocks' General Manager, remarked on the significance of the $25 billion achievement, emphasizing the readiness of global investors for open and permissionless markets. Currently, the total market cap for tokenized stocks is around $940 million, with xStocks on Solana being a leading contributor, holding approximately 50% of the market share.

In addition to Kraken, xStocks is also accessible on exchange platforms Gate and Bybit, expanding its reach further into the trading landscape.