xStocks
Announcements
xStocks is the next step for crypto: over 60 tokenized stocks on Bybit, Kraken and Solana, a trading experience with global accessibility and the speed of the blockchain. Household names like Apple, Amazon and Microsoft are at your fingertips, freely transferable and available 24/7. This is what investing looks like when it’s designed for everyone.
Backed’s xStocks accelerate the convergence of crypto and traditional finance. As equities are tokenized and crypto companies go public, xStocks bridges these worlds, offering a selection of tokenized stocks from both emerging and established crypto firms, alongside bluechip giants. From newly launched tickers like $CRCLx to well-known names like $COINx and crypto accumulation stocks such as $MSTRx and $DFDVx, users can access crypto companies as they were meant to, onchain.
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
