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Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house

The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house

The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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