Kraken has agreed to acquire Backed Finance, the tokenized asset issuer behind its xStocks product. The deal brings the issuer inside the exchange as tokenized equities gain traction. Kraken Deepens xStocks Push With Backed Deal According to blog post, Kraken did not disclose financial terms. The move comes as Kraken prepares for a planned 2026
The post Kraken to Acquire Backed Finance, Expanding Tokenized Equities Ahead of 2026 IPO appeared first on CoinGape.
