Bitget Wallet has integrated the xStocks infrastructure, which is connected to Kraken. After the integration, wallet users gained access to more than 130 tokenized shares and ETFs.
As a result, the RWA segment within Bitget Wallet has already grown to over 300 instruments. In addition to regular shares, the platform also offers commodities, precious metals, and instruments linked to stock indices.
According to Bitget Wallet, since 2025 users have conducted transactions worth more than $30 billion through this segment. However, not everyone can use the service. Access is currently closed for the US, the UK, and some other countries.
Bitget Wallet is also betting on two liquidity models at once: RFQ and AMM. Users are promised commission-free trading and gas-free transactions.
All tokenized assets are available within the same interface used for storing cryptocurrency, exchanges, and regular trading.
Bitget Wallet operates as a non-custodial wallet, so access to funds and private keys remains solely with users.
Currently, the xStocks infrastructure is owned by Payward, which manages Kraken. The platform came under Kraken‘s control after the acquisition of Backed Finance at the end of 2025.
The Tokenized Stock Market Is Rapidly Overheating Due to Competition
The tokenized stock sector is currently developing very quickly, and major crypto platforms are gradually trying to secure their place in it.
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Coinbase launched perpetual stock futures for users outside the US as early as this spring. Through the platform, traders gained 24/7 access to US stocks with leverage.
Kraken is also actively expanding xStocks. The company is adding products that combine cryptocurrencies and stocks, as well as perpetual futures on tokenized securities.
Binance is once again eyeing this market. Previously, the exchange tried to develop tokenized shares but shut down the segment back in 2021 after complaints from European regulators.
According to RWA.xyz, the total market volume of tokenized shares has already approached $1.5 billion. Among the largest assets are currently tokenized products linked to Circle, Nvidia, Tesla, Alphabet and Strategy.
The largest platform in the sector remains Ondo with assets of about $883 million.
xStocks is currently in second place with about $391.5 million.
Most of the attention within xStocks is now focused on tokenized versions of Strategy, Tesla and Nvidia shares, as well as products linked to the S&P 500 index.
General overview of the global tokenized stock market. Source: RWA.xyz
