Cryptocurrency exchange Kraken announced that its tokenized shares xStocks are now available on the BNB Chain network $BNB . They will be deployed as BEP-20 standard tokens.

Recall that Kraken developed xStocks in partnership with infrastructure provider Backed. The product was presented at the end of May 2025, and shortly after that, it was launched.

xStocks are tokenized shares of American companies available in foreign markets. Each token is backed by a real security. At the initial stage, the solution was only available in the Solana ecosystem $SOL .