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Kraken to Acquire Backed, Enabling xStocks Expansion and Addressing Demand for Tokenized Equities

DATE POSTED:December 4, 2025
Digital assets trading and investing platform Kraken announced that have agreed to acquire Backed Finance AG, the company driving the issuance of xStocks, the leading industry standard for tokenized equities. The acquisition will accelerate the global adoption of xStocks; unifying issuance, trading and settlement to... Read More