Bitget Wallet adds Kraken's xStocks platform for tokenized stock trading
Through integration with Kraken-supported xStocks technology, the non-custodial wallet service now offers access to over 130 tokenized equities and exchange-traded funds.
According to Bitget Wallet, the platform has incorporated xStocks infrastructure, providing its user base of 90 million with access to over 130 tokenized equities and ETFs via its non-custodial wallet solution.
With this integration, Bitget Wallet's tokenized real-world asset portfolio has grown to exceed 300 products, encompassing equities, commodities, precious metals and assets linked to various indices, as stated in an announcement released on Tuesday.
Since their debut in 2025, the platform's tokenized equity offerings have recorded transaction volumes surpassing $30 billion, the company reported. These products remain unavailable to users in the United States, United Kingdom and other jurisdictions with regulatory restrictions, the company noted.
According to Bitget Wallet, the new integration incorporates both request-for-quote (RFQ) and automated-market-maker (AAM) liquidity mechanisms, enabling users to engage in tokenized asset trading with no trading fees and gasless transaction execution.
The platform enables users to interact with tokenized equities alongside other real-world assets through the identical interface employed for cryptocurrency trading, token swaps and digital asset storage, all while maintaining custody of their private keys and holdings, the company stated.
The platform is currently under the operation of Payward, Kraken's parent entity, which obtained the tokenized equities infrastructure following its acquisition of Backed Finance in the latter part of 2025.
Competition grows in tokenized equities market
The expansion into tokenized equities and stock-related derivative products is accelerating among cryptocurrency exchanges and trading platforms.
Coinbase introduced stock perpetual futures for its international user base in March, providing leveraged around-the-clock access to US publicly traded stocks through its derivatives trading platform.
Kraken has similarly broadened its xStocks operations in recent times by introducing combined cryptocurrency-and-stock investment packages and tokenized equity perpetual futures targeting users outside the United States, while Binance indicated earlier this year that it was considering a reentry into the tokenized equities space after discontinuing its stock token offerings in 2021 amid regulatory challenges in Europe.
According to data from RWA.xyz, the tokenized equities sector has expanded to approximately $1.5 billion, featuring products associated with corporations such as Circle, Nvidia, Tesla, Alphabet and Strategy representing some of the sector's most substantial assets.
Based on represented asset value, Ondo currently leads the tokenized stocks platforms at approximately $883 million, with xStocks following at around $391.5 million. Multiple xStocks products connected to Strategy, Tesla, Nvidia and the S&P 500 index are positioned among the most significant tokenized equity assets monitored by RWA.xyz.
