Kraken Expands Tokenized Stocks to Tron Blockchain Amid Growing RWA Market

Kraken and Backed Finance Bring xStocks to Tron Network

Cryptocurrency exchange Kraken and tokenization platform Backed Finance announced the expansion of their xStocks tokenized stock product to the Tron blockchain. This strategic move comes as real-world asset (RWA) tokenization continues gaining momentum in the cryptocurrency sector.

The collaboration will deploy tokenized stocks as TRC-20 tokens on the Tron network. Previously, Kraken and Backed successfully launched xStocks on both Solana and BNB Chain platforms.

xStocks Performance Shows Strong Market Demand

Since its debut in late June 2025, the xStocks platform has demonstrated impressive performance metrics. The tokenized stock product has generated over $2.5 billion in combined decentralized exchange (DEX) and centralized exchange (CEX) trading volume.

This substantial trading volume indicates growing investor interest in tokenized stock products and validates the market demand for blockchain-based traditional asset trading.

Tron Blockchain Positioned for Institutional Growth

A TronDAO representative emphasized the significance of this expansion for institutional blockchain adoption. The growing enthusiasm in the RWA sector reflects increasing institutional confidence in layer 1 blockchain networks like Tron.

TronDAO plans to continue building the infrastructure necessary to support long-term adoption and real-world financial use cases as institutional blockchain continues evolving.

Tron Network Shows Strong DeFi Performance

According to DefiLlama data, the Tron blockchain maintains a total value locked (TVL) of $6.2 billion as of Tuesday. This TVL ranking places Tron fifth overall among all blockchain networks.

However, Tron's TVL has experienced a 15% decline from its January 1 value of $7.3 billion, indicating some market volatility throughout the year.

Ethereum Maintains DeFi Dominance

Despite growing competition, Ethereum continues to dominate the decentralized finance landscape with an $89 billion TVL, representing 60% of total value locked across all blockchain networks.

Other major platforms are also expanding into tokenized stocks. eToro announced plans to tokenize 100 popular US stocks on Ethereum, while Robinhood launched a layer-2 blockchain for US asset trading in Europe.

Real-World Asset Tokenization Market Experiences Rapid Growth

The RWA tokenization sector has gained significant momentum throughout 2025. Institutional interest in blockchain-based assets including US Treasuries, private credit, and stocks has driven substantial market expansion.

According to RWA.xyz data, the RWA tokenization market has grown to $26.4 billion as of Tuesday, representing a substantial increase from the $15.6 billion recorded on January 1.

Tokenized Stocks Approach Major Market Inflection Point

A Binance Research report suggests that tokenized stocks are approaching a major inflection point in their development. The growth trajectory mirrors the early days of decentralized finance, indicating potential for continued expansion.

Industry experts believe the most significant opportunities for tokenized stocks lie in private markets rather than public markets, where deeper inefficiencies create more potential for blockchain solutions.

Future Outlook for Tokenized Assets

The expansion of xStocks to the Tron blockchain represents another milestone in the broader adoption of tokenized real-world assets. As institutional confidence grows and infrastructure develops, the tokenization of traditional financial instruments is expected to continue expanding.

The partnership between Kraken, Backed Finance, and TronDAO demonstrates how established cryptocurrency platforms are collaborating to bring traditional financial products to blockchain networks, potentially reshaping how investors access and trade traditional assets.

For more Crypto, Web3, Blockchain & AI news visit : www.metamoonmedia.com