xStocks Achieves $25 Billion Milestone in Tokenized Equities Volume
In a significant development for the financial sector, xStocks has achieved a remarkable milestone of surpassing $25 billion in total transaction volume. This accomplishment was announced by Kraken on Thursday and was reached in less than eight months.
Key Achievements and Statistics
The milestone includes over $3.5 billion in on-chain activity, attracting more than 80,000 unique on-chain holders. The growth in tokenized equities reflects a shift from experimental initiatives to a more established framework.
- Total Transaction Volume: $25 billion
- On-Chain Activity: Over $3.5 billion
- Unique On-Chain Holders: More than 80,000
- Aggregate Assets Under Management: Exceeding $225 million
Market Integration and Demand
xStocks has reported that eight out of the eleven most-held tokenized equities by unique holders are issued through its platform. Furthermore, it claims to account for 68 percent of the top 25 holdings in this space.
The firm emphasizes the increasing demand for fully collateralized and transparently structured products. These products connect traditional U.S. capital markets with blockchain technology, showcasing a growing integration across various exchanges and platforms.
Blockchain Collaborations
xStocks operates on multiple blockchains, including Solana, Ethereum, and TON, with plans for additional integrations. The company’s general manager, Val Gui, highlighted the fusion of crypto and traditional markets, stating that tokenized equities have transformed from a concept into a globally established infrastructure.
Future Perspectives
The rapidly expanding ecosystem of partners and developers supports the development of a new market structure. This innovative approach emphasizes open and interoperable capital-markets infrastructure, positioning xStocks for continued growth in the evolving landscape of finance.
