TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), announced today the strategic collaboration with Kraken and Backed to integrate xStocks with the TRON blockchain, opening up new opportunities for tokenized equity exposure across one of the world’s most active and scalable blockchain ecosystems.
The announcement was made on August 20, 2025, in Geneva, Switzerland. xStocks is the industry standard for tokenized equities launched by Backed in partnership with Kraken. TRON’s global reach, low infrastructure costs, and high throughput make it an excellent choice for xStocks. Users all over the world will now be able to deposit and withdraw xStocks directly through the TRON blockchain in the coming weeks for Kraken clients in jurisdictions that are eligible. Backed will deploy xStocks as TRC-20 tokens on TRON as part of the integration, maintaining full 1:1 backing for each tokenized asset. Tokenized equities will be able to reach a broader audience of developers and users thanks to the integration, which will make xStocks widely accessible within the TRON ecosystem. “This collaboration highlights how TRON’s decentralized network can bring tokenized equities into a more open, transparent, and accessible environment,” said Justin Sun, Founder of TRON. “Tokenized equities represent a natural evolution for crypto, bridging traditional markets with blockchain. As demand for popular equities meets a global base of previously excluded users, we’ll see a more efficient, flexible, and accessible market.
Arjun Sethi, co-CEO of Kraken, said, “Expanding xStocks to three blockchains in under 60 days shows what’s possible when you design for openness from the start.” “TRON is a strong addition to our multi-chain architecture for tokenized equities due to its scale, low fees, and global reach. On-chain, fully collateralized, and real-timely verifiable, each xStock Equity trading will soon be as permissionless, borderless, and interoperable across ecosystems as the internet, thanks to this integration. Adam Levi, a co-founder of Backed, stated, “xStocks’ expansion to TRON is a natural step, aligning the blockchain’s dominance in stablecoin transfers with tokenized equities, crypto’s next major use case.” “Millions around the world already use TRON’s low-cost, high-throughput infrastructure for tokenized US dollars. Now, they’ll be able to do the same with tokenized equities.
TRON’s position as a crucial link between traditional finance and decentralized infrastructure is strengthened by this integration. With tokenized equities now joining stablecoins and other real-world assets on TRON, the network offers one of the most comprehensive environments for exploring, building, and deploying financial applications on chain.
This is a major step forward for tokenized markets. People all over the world now have access to asset classes that were previously only accessible to a select few thanks to TRON’s global reach and fast, dependable network. TRON DAO adheres to the fundamental tenet that tokenized stocks must be freely available, permissionless, and interoperable across ecosystems in order to allow customers to access markets on networks they rely on. It represents a major step forward in how investors connect with traditional markets, removing intermediaries, enabling access at any time, and advancing a more transparent, efficient, and equitable global financial system.
Stocks are not available to residents of the United States. Geographic restrictions apply.
Regarding TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has grown significantly since its May 2018 MainNet launch. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $82 billion. According to TRONSCAN, the TRON blockchain has more than 324 million user accounts, more than 11 billion transactions, and more than $26 billion in total value locked (TVL) as of August 2025.
