TRON × Kraken × BackedFi: Interpreting this "tokenized stock" collaboration
1️⃣ Kraken: A long-established compliance exchange in the United States, founded in 2011, is one of the first trading platforms in the global crypto industry to obtain a compliance license. Kraken has been promoting the integration of compliant finance with crypto assets, and this partnership can attract more attention from traditional finance users.
2️⃣ BackedFi: A well-known on-chain asset issuance platform in Europe, focusing on RWA (Real World Assets) tokenization. They have launched tokenized products such as bonds and stocks, and have Swiss regulatory support, taking the route of "compliance + financial innovation".
3️⃣ xStocks combined with TRON: This means that in the future, investors can access "tokenized stocks" assets on the TRON blockchain and directly participate in investments in similar stocks with on-chain wallets. This step is not only an extension of the RWA track, but also makes TRON's ecosystem more financially attributed.
Why is it important?
(1) TRON is a global leader in stablecoin transfers, but has relatively little layout in the RWA track.
(2) The cooperation between Kraken + BackedFi is equivalent to opening a door to traditional finance for TRON.
(3) This is not only an ecological expansion, but may also become a new narrative for DeFi products on the TRON chain - from stablecoin payments to asset diversification.
👉 In summary: This is a key landing of TRON on the RWA (Real-World Asset Tokenization) track, Kraken brings traffic and compliance, BackedFi brings products and technology, and TRON provides large-scale infrastructure.
@justinsuntron @trondao @BackedFi @krakenpro #TronEcoStar
#TRON announced the strategic collaboration with @krakenfx and @BackedFi to integrate xStocks with the TRON blockchain, opening up new opportunities for tokenized equities exposure across one of the world’s most active and scalable blockchain ecosystems.
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