The U.S. stock market just printed new all-time highs, while crypto is still dragging (except BTC and just a few strong altcoins). But here’s what most people don’t know 👇
Starting today, you can buy tokenized US stocks like Apple, Tesla, and Nvidia onchain, straight from your Solana wallet 👍
No signups, no KYC, no market hours. These are fully collateralized 1:1 stock derivatives, live on Solana, tradable 24/7 via Jupiter. It’s called xStocks, launched by Backed in partnership with Kraken CEX. Over 55 assets are already listed.
🕯 But be careful — some tokenized stocks trade above their real-world prices, sometimes by 10%+, so always compare with actual stock before buying.
This is super bullish because hundreds of millions of people around the world are currently locked out of investment opportunities, but that's about to change 🔗
📰 And by the way, today Robinhood also launched tokenized U.S. stocks for EU users. Tokens will be issued on Arbitrum, moving to its own Layer‑2 soon.
The conclusion from this news is obvious - TradFi is rushing to move onchain and become borderless 🌍