Los xStocks no están disponibles en EE.UU.. Se aplican restricciones geográficas. Consulta kraken.com/legal/xstocks para obtener más información.

Getting started with xStocks

Kraken offers access to xStocks, digital tokens that follow the price of real stocks or ETFs. While Kraken does not issue these tokens directly, we make it easy for you to buy, sell, convert, and securely hold them all in one place.

Interested? Follow the steps below to get started. 

Before you begin, make sure that: 

Note: xStocks are distinct from traditional stocks and are not available to clients in the United States (U.S.) or U.S. Persons (as defined under Regulation S under the U.S. Securities Act of 1933). 

Unlock xStocks trading on the Kraken app:

  1. 1

    Open the Kraken app and go to the Buy section.

  2. 2

    Search for any token and tap on it. xStocks are identified by an "x" appended to the stock ticker, setting them apart from traditional stocks.

  3. 3

    A Get started popup will appear, tap Continue. 

  4. 4

    Accept the updated Terms of Service, and confirm that you are not located in the U.S. or a U.S. Person.

  5. 5

    Confirm your current address.


    If your address has changed from what's displayed in the app, or requires verification, you may need to upload a new proof of address.

  6. 6

    Once you’re approved, you’ll be ready to start trading xStocks!

Preguntas frecuentes

xStocks are digital tokens that follow the price of real stocks or ETFs. Each xStock is backed 1:1 by the underlying equity and issued as an SPL token on-chain​.

xStocks do not confer shareholder rights like voting or dividends. They offer price exposure to the underlying asset, but do not carry the same rights as the actual security itself.​

Unlike traditional brokerage models, xStocks remove friction, costly fees, limited market hours, and complex onboarding, offering instant settlement, fractional investments, 24/5 market access, and self-custody. Stocks are built on blockchain technology and use smart contracts for transparency, automation and cost-efficiency.

FeatureAcciones tradicionalesxStocks
Horario de tradingLimited to market hours24/5 on Kraken
Settlement Time1 business dayInstant or near-instant via smart contracts
AccessibilityLimited by geography and intermediariesInvestors can withdraw xStocks to a compatible on-chain wallet for full control​
TransparenciaRelies on third partiesImmutable records on blockchain

xStocks are only available to non-U.S. retail clients in select countries. They are not accessible in the US (or to US Persons), Canada, UK, or Australia​.

xStocks can be traded 24/5, providing access outside of traditional market hours. Weekend trading availability is in development​.  When withdrawn to a self-hosted wallet, xStocks can be traded 24/7 onchain.

Yes – self-custody is supported. You can withdraw your xStocks to a compatible on-chain wallet for full control​.

No. Holding xStocks is not the same as buying a share of the underlying company. xStocks provide synthetic exposure to the value of the stock. Holders of xStocks have no voting rights, and no legal claims to the underlying company shares or any residual assets in the event of the underlying company’s liquidation. An investment in xStocks does not entitle holders to receive any information from the respective issuer or sponsor of the underlying stocks or shares.

You can buy xStocks using fiat (cash). Kraken handles the conversion during the trade​.

Los xStocks permiten a los clientes comprar acciones fraccionadas de los activos subyacentes con una inversión mínima de 1 USD.

No existen comisiones de trading en la compra de xStocks con USDG o USD en Kraken. Se aplicarán comisiones de trading por compra instantánea estándares cuando se compren xStocks con otros activos. Para bloquear un precio, se debe incluir un spread en el precio del activo en cada transacción.

Los precios de los xStocks están vinculados al precio de ejecución del valor subyacente. Kraken actualiza los precios en función del precio en tiempo real a la hora de comprar o vender los tokens.

El pago de los dividendos se volverá a invertir automáticamente en más unidades del mismo token. En vez de recibir el dividendo en efectivo, tu balance de xStocks aumentará para reflejarlo.

Kraken and Backed utilize secure custody, audited reserves, and blockchain infrastructure to ensure the safety and transparency of xStock holdings. Still, investing in xStocks involves an element of risk. Read Kraken’s xStocks Risk Disclosure as well as the Base Prospectus and related Final Terms for xStocks at https://assets.backed.fi/legal-documentation to learn more.