Kraken’s xStocks lineup tops 1,000 tokenized instruments

Kraken’s tokenized stock shelf just got a lot more crowded. As of October 22, 2026, the exchange’s xStocks lineup counts more than 1,000 instruments. That is a big jump from the 131 listed in Kraken’s September FAQ. The September 18, 2026 FAQ put the xStocks count at 131. By October 22, the figure had cleared 1,000, a more than sevenfold expansion. The product debuted in June 2025 with 60 assets. Growth was steady for over a year, then went vertical this fall. xStocks are tokenized versions of US equities and ETFs. Each token is backed 1:1 by the underlying stock or fund, held in regulated custody. The tokens offer price exposure to the underlying shares, but they do not come with shareholder rights. The tokens are issued across several blockchains, including Solana, Ethereum, and BNB Chain. That multichain setup lets holders move them beyond Kraken’s own walls. The numbers behind the catalog Cumulative transaction volume for xStocks had passed $40 billion by September 2026. Backing assets had topped $800 million, spread across more than 300,000 unique holders. Those metrics predate the latest wave of listings. In other words, they reflect activity on a catalog roughly an eighth th...