News linked to both this project and an event.
According to an official announcement, Bybit today officially launched its on-chain U.S. IPO subscription product, Bybit IPO Express, in collaboration with xStocks to offer tokenized IPO subscription services for SpaceX. Bybit thus becomes one of the world’s first centralized exchanges to provide tokenized IPO subscriptions at the primary-market IPO offering-price stage, further expanding on-chain equity asset trading use cases.
According to an official announcement, Kraken has listed the SpaceX-related security SPCXx via xStocks and opened the IPO Access subscription portal within the Kraken App. Users can view the price range, review relevant details, and submit subscription indications before the subscription window closes.
According to an X post, Star, founder and CEO of OKX, stated: “Tokenized stocks are one of the most important use cases for RWAs. We expect to see xStocks on X Layer soon—bringing global equities on-chain and expanding access to capital markets.” It is reported that X Layer has previously entered a strategic partnership with xStocks, a regulated tokenized stock issuance platform; xStocks-related assets will be gradually integrated into the X Layer ecosystem and OKX Wallet. Star believes that access to global markets should be as open as access to information.
Star, founder and CEO of OKX, posted on platform X, "Tokenized stocks are one of the most important use cases for RWAs. We expect to see xStocks on X Layer soon, bringing global stocks on-chain and expanding access to capital markets."
According to The Block, Payward—the parent company of Kraken—announced that it will open up access to IPO offering-price subscriptions for U.S. publicly traded companies to Kraken users and select partner platform users via the xStocks framework in the coming weeks. Users may submit non-binding subscription indications prior to listing; Payward will aggregate demand and coordinate with underwriting syndicates to allocate tokenized shares at the offering price on the listing day. These stock tokens are fully backed 1:1 by the underlying equities held in custody by regulated entities and are tradable across blockchains including Ethereum, Solana, and TON. Payward stated that it plans to expand into additional markets and onboard more partners to the xStocks Alliance in the future.
xStocks, a framework under Kraken parent company Payward, will launch services allowing users on Kraken and partner platforms to participate in US stock IPOs at the offering price. Users will receive on-chain tokenized shares with a 1:1 correspondence to the underlying stock, which will be held by regulated custodians.Users can submit non-binding subscription intentions via partner platforms weeks before the IPO. Payward aggregates demand, coordinates with the underwriting syndicate for share allocation, and completes pricing, allocation, and token issuance on the listing date. xStocks tokens will be tradable across multiple blockchains including Ethereum, Solana, and TON, and can be integrated with DeFi protocols. (The Block)
Odaily reports, according to official sources, X Layer has entered into a strategic partnership with xStocks, a regulated tokenized stock issuance platform. Together, they will promote the integration of tokenized stock assets into the X Layer ecosystem and make related trading services accessible to OKX Wallet users. In the future, users will be able to trade xStocks-related assets 24/7 within the OKX Wallet, benefiting from the settlement, liquidity, and distribution capabilities provided by X Layer. The two parties will also launch a fast-listing mechanism to accelerate the tokenization and trading circulation of popular stocks and thematic ETFs within a compliant framework.It is reported that X Layer is committed to building on-chain infrastructure for financial assets, covering key areas such as settlement, liquidity, and distribution. xStocks has previously facilitated over $31 billion in cumulative tokenized stock trading volume and has become the first major issuer to commit to providing asset depth on X Layer, driving the expansion of tokenized stock scale.
Bitget Wallet has announced the completion of its RWA trading upgrade and integrated xStocks as a new source of tokenized stocks, providing users with global tokenized stock trading capabilities. From May 19 to June 14 (Beijing time), Bitget Wallet users who complete tiered trading tasks can receive up to $264 in rewards, with a total prize pool of $100,000. Additionally, users who hold, add liquidity to, or participate in the lending market for any xStocks token will receive a 20% exclusive xPoints bonus.Through this upgrade, users can now trade over 300 types of RWA tokens across Ethereum, Solana, and BNB Chain, covering various assets such as US stocks, ETFs, oil, precious metals, and country indices. The service supports 24/7 trading, low transaction fees, and gas-free execution, with trading starting from $0 and no minimum threshold requirement. Currently, Bitget Wallet supports a dual RFQ + AMM trading mechanism, enabling instant execution and effectively reducing spread slippage. It has also integrated AI market signals to assist in trading decisions.xStocks is developed in collaboration between Kraken and Backed. Its tokenized stock products adopt a 1:1 full collateral mechanism with underlying assets. Since its launch in June 2025, the platform has processed a cumulative trading volume exceeding $30 billion. This integration will further advance Bitget Wallet's "Everyday Finance, Onchain" strategy, aiming to enable users to conduct daily trading of traditional financial assets through on-chain wallets, breaking down the geographical and entry barriers imposed by traditional financial infrastructure.
According to official announcements, xStocks—a tokenized U.S. equities platform—has launched its Unified Execution Layer, xChange, on Mantle. Powered by Atomic RFQ, xChange locks in optimal pricing and delivers deep liquidity—ensuring no partial fills and zero slippage. Users can now trade 10 tokenized U.S. equities—including Tesla (TSLAx), NVIDIA (NVDAx), Apple (AAPLx), and Meta (METAx)—24/7 via the Fluxion platform, with TradFi liquidity during market hours and on-chain liquidity outside of market hours—no waiting required. Meanwhile, from issuance through trading to redemption, Mantle is building a unified distribution layer by integrating Bybit’s CeFi liquidity, Fluxion’s DeFi execution, and xStocks’ Atomic RFQ into a composable stack—delivering a CeDeFi-standard experience engineered for institutional-grade precision trading.
BNB Chain officially announced the launch of the tokenized stock platform xStocks, with the first batch opening over 50 tokenized US stocks and ETFs, including Apple, Tesla, NVIDIA, and the S&P 500 ETF, with more than 100 additional assets to be added in the coming weeks. Users can participate with a minimum of $10 and enjoy 24/5 uninterrupted trading.Trading is now available directly on PancakeSwap and CowSwap, with 1inch integration coming soon. These tokenized stocks can also be used as collateral for loans and integrated into structured yield strategies. Further integration with Venus Protocol and Flux through Chainlink is planned.BNB Chain has become the second-largest RWA public chain globally, with on-chain RWA assets totaling $3.8 billion, approximately 45,000 holders, and a transfer volume of $1.17 billion.
According to an official announcement from Mantle, xStocksFi has officially launched on the Mantle network, supported by BackedFi and Flowdesk. As one of the first stock tokenization projects to achieve on-chain liquidity, users can trade major global assets—including TSLAx, NVDAx, AAPLx, and METAx—24/7 via the Fluxion network, with a total of 10 top U.S. equities available. Leveraging institutional-grade infrastructure and official, dedicated deposit and withdrawal support from Bybit, Mantle enhances the distribution efficiency of real-world assets (RWA) while delivering ultra-low trading fees and high-speed execution. The official announcement states that the launch of xStocks marks only the beginning of ecosystem expansion, with additional features—including xChange and xPoints—planned for future release.