ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvents
More
Kraken-backed xStocks have gone live on 360X, giving Deutsche Börse Group clients access to tokenized versions of major equities on a regulated secondary tradingKraken-backed xStocks have gone live on 360X, giving Deutsche Börse Group clients access to tokenized versions of major equities on a regulated secondary trading

Kraken-Backed xStocks Debut on Deutsche Börse’s 360X

Author: Financemagnates
Source: Financemagnates
2026/02/09 21:36
3 min read
Major
MAJOR$0.08228+1.48%
native coin
NATIVE$0.00001711+1.30%
NVIDIA xStock
NVDAX$190.14-1.16%

Kraken-backed xStocks have gone live on 360X, giving Deutsche Börse Group clients access to tokenized versions of major equities on a regulated secondary trading venue. The move is the first major product milestone under the partnership that Kraken and Deutsche Börse Group announced in December.

According to the company, participants on 360X can trade five xStocks instruments, CRCLx, GOOGLx, NVDAx, SPYx and TSLAx, against stablecoins. The venue operates under BaFin and ESMA oversight and plans to expand the range of xStocks over time.

The listing broadens institutional access to the xStocks standard and aims to support further growth in trading volumes and unique holders.

Track Established Equity and ETF Markets

xStocks launched last year and have reportedly generated nearly 20 billion dollars in total trading volume since then. Each token is backed one-to-one by the underlying equity or ETF, which a licensed custodian holds in a bankruptcy-remote structure.

  • Kraken’s 2025 Revenue Soared to $2.2 Billion as It Prepares for an IPO
  • TEL Listed on Kraken: Telecom Blockchain Standard Gains Access to Global Crypto Markets
  • Kraken Taps Alpaca for xStocks After Backed Finance Acquisition

The instruments are designed to combine on-chain settlement features with safeguards familiar to institutional investors and can operate across centralized and decentralized environments.

Mark Greenberg, Global Head of Consumer and Vice President of Product for xStocks, highlighted that the demand has come from investors who want digital instruments that track established markets.

“The rapid adoption of xStocks reflects strong global demand for digitally native instruments that provide exposure to established financial markets,” said Greenberg. “Integrating with a leading distribution channel like 360X means Deutsche Börse Group clients can now access one of the most liquid ecosystems for tokenized financial instruments.”

Aiming for Round-the-Clock Trading

He added that integration with 360X gives Deutsche Börse Group clients access to a liquid ecosystem for tokenized financial instruments and enables round-the-clock trading with instant settlement.

Carlo Kölzer, CEO of 360T and 360X and Global Head of FX & Digital Assets at Deutsche Börse Group, said the xStocks listing is a significant milestone for 360X. He described it as a core element of the group’s partnership with Kraken and a foundation for institutional trading of tokenized securities as digital assets and traditional markets converge.

The partnership between Kraken and Deutsche Börse Group spans foreign exchange, custody, settlement and tokenized assets. The firms aim to combine regulated market infrastructure with crypto-native capabilities for institutional clients. xStocks on 360X are not available to U.S. clients.

Market Opportunity
Major Logo
Major Price(MAJOR)
$0.08228
$0.08228$0.08228
-0.30%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

A fair few headlines have broken on February 11 that, taken together, paint a vivid picture of where crypto is headed and what it still needs to fix. Arkham Exchange
Share
Captainaltcoin2026/02/12 23:30