PANews
PANews|Oct 14, 2025 15:02
[Cake Wallet Integrates xStocks: Privacy-Friendly Tokenized U.S. Stock Trading Goes Live] According to Bitcoin Magazine, Cake Wallet has integrated xStocks, allowing global users to trade tokenized stocks such as Google, Amazon, Nvidia, and others within the app, emphasizing privacy and low barriers to entry. The issuer is Switzerland-based Backed.fi, which has been operating since 2021. Users may not have voting rights, and the dividend mechanism remains unclear. Due to regulatory restrictions, this service is not available in the United States, Australia, Canada, Belgium, the United Kingdom, Afghanistan, Belarus, Cuba, Iran, and North Korea, and may implement geographic filtering via IP. Similar products have already been launched by Phantom, requiring no personal information beyond a private key.
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