TRON DAO, Kraken, and Backed announced the launch of xStocks as TRC-20 tokens with full collateral backing, expanding tokenized equities access across TRON’s high-throughput blockchain ecosystem.
TRON DAO confirmed a strategic collaboration with Kraken and Backed to integrate xStocks onto the TRON blockchain. xStocks, launched by Backed in partnership with Kraken, will be deployed as TRC-20 tokens with 1:1 backing, allowing tokenized equities to be deposited and withdrawn via TRON in eligible jurisdictions. The move enhances accessibility and positions TRON as a major hub for tokenized assets, alongside its dominance in stablecoin transfers. TRON DAO reported over 324 million accounts, more than 11 billion transactions, and $26 billion in total value locked as of August 2025.