The exchange has already teamed up with the Switzerland-based firm for its tokenized equity offering dubbed xStocks.

Kraken has taken over Backed Finance, a Swiss platform that turns real-world assets into tradable crypto tokens, according to ...

Kraken to acquire Backed Finance, issuer behind xStocks, as tokenized equities scale: 71 assets, $5B volume, multi-chain ...

Crypto exchange Kraken announced it will acquire Backed Finance in a push to expand its offerings of tokenized stocks and ...

Kraken acquires RWA tokenization firm Backed Finance to expand xStocks product across its exchange ecosystem globally.

The acquisition strengthens Kraken's leadership in tokenized assets and marks a key milestone toward making global capital markets open, accessible, and borderless. Kraken, one of the world's longest- ...