Kraken and Backed Plan to Extend xStocks Support to BNB Chain

Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. stocks as BEP-20 tokens, the two institutions said, citing growing community demand for on-chain composable stock markets. In the coming weeks, eligible non-U.S. Kraken customers will be able to access related services through BNB Chain. (The Block) [Odaily Planet Daily]