XSTOCKS NOW LIVE: TOKENIZED STOCKS FOR THE DEFI ERA

Summary from the TLDR Crypto newsletter

Backed's xStocks are now live on Bybit, Kraken, and Solana DeFi, offering over 60 tokenized stocks for 24/7, onchain trading and global accessibility. Bybit and Kraken have joined the xStocks Alliance, while Chainlink's Data Streams provide sub-second, onchain price feeds, and corporate action verification. These tokenized equities plug into Solana's DeFi stack, including Kamino money markets for lending, Raydium AMMs for liquidity provision, Jupiter for aggregation, and Phantom for direct trading, to enable lending, borrowing, fee-earning, and complex structured products. xStocks' neutral, multi-chain design aims to bridge traditional capital markets and DeFi.