#BreakoutTradingStrategy a well-established player in the cryptocurrency world, and Backed, a pioneer in tokenized assets, are making headlines with a new movement to open the doors of traditional finance to blockchain! The two giants are expanding the xStocks platform through the integration of the BNB chain, bringing traditional financial giants like Apple, Tesla, and the S&P 500 into the DeFi universe.

🔗 #BNBChain Join the xStocks Alliance!

According to the official blog post from Kraken, $BNB the chain is now part of the xStocks Alliance. This alliance is positioned as an ecosystem aimed at tokenizing U.S. stocks and making them accessible in a decentralized world.

With this new integration, tokenized versions of major companies like Apple (AAPLx), Tesla (TSLAx), Nvidia (NVDAx), and the S&P 500 ETF (SPYx) will be available on the BNB chain in BEP-20 format.