Let the world buy into the US stock market? XStocks, launched by Backed with investment from Coinbase Ventures, has recently partnered with Bybit and Kraken to enable CEX users to directly trade tokenized US stocks Currently, 61 stocks are listed on xStocks, including CRCL COIN MSTR, which we are familiar with According to the statistics, after xStocks was supported by Bybit and Kraken, the trading volume of xStocks surged to $1.338 million on June 30th, with over 1200 users trading and more than 2500 transactions However, currently only 6 US stock tokens have trading volume, in order of trading volume in the past 24 hours: NVDA MSTR TSLA CRCL SPY and AAPL Another noteworthy data is that the default total amount for xStocks' US stock tokenization is 6000, with the ability to mint and freeze. Backed serves as a tokenization issuer, but Broker and Custodian are serviced by third parties including Alpaca Securities LLC, InCore Bank AG, and Maerki Baumann&Co. AG At present, the on chain liquidity of US stock tokens is very shallow, only a few hundred thousand US dollars. With the integration of Bybit and Kraken, it may become a true main battlefield for liquidity. Should we call xStocks a respected US stock market maker who helps xStocks make markets on the chain 🤣 Data: https://(due. com)/kucoinventures/xstocks