Kraken’s tokenized stock platform, xStocks, has unveiled xChange, a multi-chain execution layer for tokenized equity trading. The new platform enables cross-chain transactions on Ethereum and Solana, and supports over 70 tokenized stocks directly on-chain, according to an announcement from Kraken today, March 5.
By supporting cross-chain trading, xChange aims to boost liquidity and accessibility, allowing traders to operate seamlessly across two largest blockchain networks in DeFi by total value locked.
Ethereum and Solana, the two blockchains supported by xChange, have a DeFi TVL of approximately $58.6 billion and $8.2 billion, respectively, per data from DefiLlama.
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