BNB Chain Partners xStocks to Expand Tokenized U.S. Equities Accessibility

Generated by AI AgentCoin World
Wednesday, Jul 9, 2025 10:51 pm ET1min read

BNB Chain has entered into a strategic partnership with xStocks to expand the availability of tokenized U.S. equities on the blockchain, a significant development in the decentralized finance (DeFi) sector. This collaboration aims to integrate traditional financial markets with blockchain technology, thereby enhancing accessibility to tokenized assets and increasing the total value locked on the

Chain.

As part of the Binance ecosystem, BNB Chain is now offering tokenized U.S. equities as BEP-20 tokens on its platform. This move follows previous launches on

and extends the reach to the Virtual Machine (EVM) blockchain environment, thereby improving technological compatibility and user engagement. Key participants in this initiative include Kraken, which facilitates transactions for eligible users, and Backed, the tokenization partner. This strategic initiative is expected to boost network activity and engage BNB Chain's active user base.

For BNB and BEP-20 tokens, this development is likely to drive increased usage and potential fee-driven benefits. The integration is anticipated to positively influence BNB Chain’s standing in the DeFi ecosystem by attracting new liquidity and users. Analysts predict that BNB Chain’s current total value locked, which stands at $10 billion, may rise due to the increased activity resulting from this partnership. The collaboration between xStocks and BNB Chain could redefine how traditional assets are viewed and traded within decentralized finance, opening new avenues for capital markets on-chain.

BNB Chain has officially joined the xStocks Alliance, with both parties committed to advancing the integration of capital markets into the on-chain economy. This partnership is expected to lead to a rise in BNB Chain’s usage rates, potentially prompting regulatory reviews and adaptation to evolving technological trends. Historical precedents suggest that similar partnerships have previously bolstered market activity, promising substantial growth for the involved parties.