xStocks by Backed Finance offers 75+ tokenized U.S. stocks and ETFs as blockchain-native assets. Each token (NVDAx, TSLAx, AAPLx, SPYx, etc.) is backed 1:1 by real shares held in regulated custody with public proof-of-reserves. Uses Chainlink CCIP for cross-chain movement. Acquired by Kraken December 2025, now second-largest tokenized-equity issuer.
Earn xPoints through: Hold xStocks tokens (passive), provide liquidity on Kamino/Byreal/Orca/Raydium (accelerated), complete ecosystem quests (time-limited bonuses), referrals (20% of invitees' points). Early registrants get permanent 20% multiplier on all future earnings. Season 1 active as of March 2026.
No token officially announced yet, but xPoints may convert to future ecosystem rewards. Modest farmers project $1K-$15K potential upside from retrodrop. Users also collect real dividend yields on underlying stocks while farming points, providing dual earning streams.
No. xStocks is NOT available to U.S. users due to securities regulations. Eligible regions: EU, Asia, Latin America. This is a strict compliance requirement - using VPN would violate securities laws and risk disqualification.
Backed Finance was acquired by Kraken in December 2025, making Backed the second-largest tokenized-equity issuer. This adds institutional credibility, potential Kraken exchange integration, and positions xStocks within a major crypto ecosystem. The sector hit $1B market cap March 2026 with 185K+ holders.
To maximize xStocks allocation:
xStocks: Backed Finance tokenized stocks. 75+ tokens (NVDA, TSLA, AAPL). Earn xPoints: hold, provide liquidity, quests. 20% early boost. Kraken-backed. Season 1 active.