Alliance Scope and Standards
Trust Wallet has partnered with the xStocks Alliance to integrate tokenized stocks and ETFs into its platform, enabling over 200 million users to access compliant, on-chain representations of traditional equities like Apple, NVIDIA, and Tesla. This collaboration, which includes industry leaders like Backed, Kraken, and Bybit, aims to establish standardized frameworks for custody, settlement, and regulatory compliance. Tokenized assets will be issued by regulated entities like Backed, ensuring 1:1 collateralization and adherence to KYC/AML requirements across jurisdictions. Trust Wallet’s integration will leverage its multi-chain support (including Solana, Ethereum, and BNB Chain) to enable seamless cross-platform trading and interoperability.
Benefits and Market Impact
For users, this integration eliminates traditional barriers to global equity markets, offering:
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24/7 trading with instant settlement and fractional ownership.
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Direct access to U.S. stocks and ETFs without brokerage accounts, particularly benefiting users in emerging markets.
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Enhanced DeFi compatibility, allowing tokenized equities to be used as collateral in lending protocols like Kamino or traded on DEXs like Raydium.
For the ecosystem, the partnership accelerates the convergence of traditional and decentralized finance:
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Institutional credibility from PayPal’s stablecoin expansion and Nasdaq’s regulatory engagement could attract broader adoption.
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The tokenized equities market, currently valued at $420 million, is projected to reach $1.3 trillion by 2030 if current growth trends persist.
Next Steps and Future Outlook
Trust Wallet and the xStocks Alliance will focus on:
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Expanding asset offerings beyond U.S. equities to include ETFs and global stocks.
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Developing cross-chain oracle solutions with partners like Chainlink to ensure real-time price accuracy and corporate action transparency.
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Navigating regulatory landscapes, particularly in the U.S. and EU, where restrictions currently limit access.
While no specific launch date has been announced, trials are underway, and features will roll out progressively based on regulatory approvals. This initiative aligns with Trust Wallet’s broader vision to become a Web3 neobank, offering integrated access to DeFi, RWAs, and traditional financial tools.
Trust Wallet’s integration with the xStocks Alliance marks a significant step toward democratizing global finance. By combining regulatory compliance with blockchain efficiency, this partnership could redefine how investors interact with traditional markets making equity ownership borderless, accessible, and interoperable with the future of finance.
