Bitget Wallet, a self-custodial crypto wallet platform, has integrated the Kraken-backed xStocks infrastructure, gaining access to more than 130 tokenized stocks and exchange-traded funds (ETFs). The move lets users trade traditional equity instruments in tokenized form directly from their wallet, without needing a separate brokerage account.
What the Integration Brings
Tokenized stocks represent shares of public companies on a blockchain, allowing traders to gain exposure to equity markets using cryptocurrency infrastructure. With the xStocks integration, Bitget Wallet users can now trade names like Apple, Tesla, and Amazon, alongside a range of ETFs covering sectors from technology to energy. The addition pushes the total number of tradable assets on the wallet past the thousand mark, including cryptocurrencies and now tokenized securities.
XStocks is built on infrastructure backed by Kraken, one of the largest crypto exchanges by volume. The partnership gives Bitget Wallet access to Kraken’s liquidity and compliance framework, a key selling point for users wary of lesser-known tokenized asset issuers. Kraken has been expanding its institutional offerings over the past year, and the xStocks integration fits into that broader strategy.
Self-Custody and Compliance
Bitget Wallet operates as a non-custodial wallet, meaning users hold their own private keys and control their assets. The integration with xStocks does not change that core design; users still manage their own keys while trading tokenized stocks. That self-custody model is a differentiator compared to centralized exchange wallets, where the platform holds the assets.
The wallet provider says the tokenized stocks are fully backed, with each token representing one share of the underlying equity. The backing is verified through Kraken’s custody infrastructure, though the company did not disclose the exact custody arrangement between Kraken and xStocks. Regulators have been scrutinizing tokenized securities more closely in recent months, and the Kraken connection could help Bitget Wallet navigate compliance requirements in different jurisdictions.
Why Tokenized Stocks Now
Crypto wallets have been adding tokenized equities as a way to bridge traditional finance and decentralized finance. Bitget Wallet’s move follows similar integrations by competitors like MetaMask and Trust Wallet, which have added tokenized stock access through various third-party providers. The difference here is the backing by a major exchange, which could lend credibility to the offerings.
The timing also coincides with a broader market appetite for tokenized real-world assets. According to data from the Tokenized Asset Coalition, the total value locked in tokenized securities has grown over the past year, though it still represents a fraction of the global equity market. For Bitget Wallet, the integration is a way to attract users who want a single interface for both crypto and traditional stock trading.
No pricing details or fees were announced for the tokenized stock trades. Bitget Wallet typically charges network fees for blockchain transactions, but trading tokenized stocks may involve additional spreads or custody fees that the company has not yet outlined. Users will likely need to check the wallet’s fee schedule before executing trades.
The integration is live now for all Bitget Wallet users. The company says it plans to add more assets from xStocks in the coming months, though it did not specify which equities or ETFs might come next. For now, the 130-plus tokenized instruments are available on both the mobile and browser extension versions of the wallet.
