We’re excited to announce xStocks at the moment are out there to commerce on 360Xa regulated secondary buying and selling venue for monetary devices backed by Deutsche Börse Group.
From immediately, Deutsche Börse purchasers and contributors on 360X can commerce 5 xStocks property (CRCLx, GOOGLx, NVDAx, SPYx, TSLAx) towards stablecoins. 360X’s BaFin and ESMA-regulated buying and selling venue plans to broaden protection over time.
The launch considerably broadens institutional entry to xStocks, and additional accelerates adoption of the main token commonplace globally, by buying and selling quantity and distinctive holders.
A confirmed, scaled token commonplace backed 1:1 by conventional property
Since their inception in Could 2025, xStocks have seen fast uptake, surpassing almost $20 billion in complete buying and selling quantity. Every xStock is backed 1:1 by the underlying fairness or ETF and held with a licensed custodian in a bankruptcy-remote construction, combining on-chain effectivity with institutional-grade expectations.
Interoperable throughout a spread of centralized and decentralized environments, xStocks helps unlock a spread of latest alternatives for Deutsche Börse purchasers.
Mark Greenberg, Kraken International Head of Client and VP of Product for xStocks: “The fast adoption of xStocks displays sturdy world demand for digitally native devices that present publicity to established monetary markets. Integrating with a number one distribution channel like 360X means Deutsche Börse purchasers can now entry probably the most liquid ecosystems for tokenized monetary devices.”
Carlo Kölzer, CEO of 360X: “The itemizing of xStocks represents a major milestone for 360X and demonstrates how our regulated buying and selling infrastructure is delivering market outcomes. As Deutsche Börse Group, we’re happy that this itemizing represents a key pillar of the Group’s partnership with Kraken, establishing a powerful basis for institutional-grade buying and selling of tokenized securities and anticipating the continued convergence of digital property and conventional capital markets.”
Advancing regulated market infrastructure by means of strategic partnership
In the present day’s announcement marks the primary main milestone following Kraken and Deutsche Börse Group’s strategic partnership introduced in December. Spanning FX, custody, settlement and tokenized property, the partnership goals to mix regulated market infrastructure with crypto-native experience to be able to unlock services and products that ship holistic experiences for institutional purchasers.
“Bringing xStocks into the 360X ecosystem is a headline instance of how our partnership with Deutsche Börse is translating into regulated, scalable options for a broader swathe of buyers,” Greenberg mentioned. “xStocks allow round the clock buying and selling of established monetary property with prompt settlement, unlocking a broader vary of use circumstances and utilities than are sometimes out there in conventional fairness markets.”
Not out there for U.S. purchasers.
